Israel's VDOO Connected nabs $32 mln funding from U.S. GGV Capital, others

04/26/2019 7:47:00 AM (GMT)

Israeli internet of things (IoT) cybersecurity company VDOO Connected Trust Ltd. has secured $32 million in a Series B funding round.

The funding round was anchored by U.S. venture capital firms GGV Capital and WRVI Capital.

NTT Docomo, MS&AD Ventures, an affiliate of MS&AD Insurance Group Holdings, 83North and Dell Technology Capital among others also participated in the latest round.

With the new funds raised, VDOO Connected increase the market adoption of its IoT security platform while expanding its technical capabilities.

VDOO Connected Trust Ltd.

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