Summary: Eclypsium, an Oregon-based startup specializing in firmware and device security, has successfully raised million in a Series C funding round, increasing its total funding to million. The new investment will support its expansion into markets focused on AI compute hardware and enhance device security testing capabilities. The company aims to bolster its presence in North America, APAC, and emerging regions amid rising cybersecurity threats.
Affected: Eclypsium, investors, and organizations relying on device security
Keypoints :
- Raised million in Series C funding from new and existing investors, including Qualcomm Ventures and Andreessen Horowitz.
- Funding will be used to expand into North America and APAC, while increasing security capabilities in the supply chain.
- Heightened awareness of cybersecurity threats, particularly related to AI-enabled devices and geopolitical tensions.
Source: https://www.securityweek.com/eclypsium-eyes-global-expansion-with-45-million-series-c-investment/