IoT device security startup Thistle Technologies launched last week with $2.5 million in seed funding from Silicon Valley venture capital firm True Ventures.
Thistle Technologies was founded in October 2020 by Window Snyder, who over the past two decades held security leadership positions at Microsoft, Mozilla, Apple, Fastly, Intel and Square.
Snyder will serve as CEO of Thistle Technologies, which is based in San Francisco, California.
The new company’s website currently does not provide any information about the products developed by the company, but Thistle said in a press release last week that its goal is to help IoT device manufacturers “securely and reliably update firmware” by providing an update mechanism that they can quickly and easily add to their products.
“We’re making it easier for device makers to deliver on their security requirements. When the update mechanism is resilient and reliable, the business can leverage that beyond security fixes to provide updates for new features with confidence. This can even open up new revenue streams for some customers. Security can be an enabler,” Snyder said.
Phil Black, co-founder of True Ventures, commented, “Window has so many of the qualities we look for in founders. She has deep domain expertise, is highly respected within the security community, and she’s driven by a deep passion to evolve her industry. What she’s building is an astute and natural next step in security technologies.”
Related: IoT Security Firm Vdoo Expands Series B Funding to $57 Million
Related: Healthcare IoT Security Firm Cylera Closes $10 Million Series A Round
Related: IoT Security Firm Ordr Increases Funding to $50 Million
Related: IoT Security Firm Armis Raises $125 Million at $2 Billion Valuation
Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.
More from Eduard Kovacs
- High-Severity Privilege Escalation Vulnerability Patched in VMware Workstation
- GoAnywhere MFT Users Warned of Zero-Day Exploit
- UK Car Retailer Arnold Clark Hit by Ransomware
- EV Charging Management System Vulnerabilities Allow Disruption, Energy Theft
- Unpatched Econolite Traffic Controller Vulnerabilities Allow Remote Hacking
- Google Fi Data Breach Reportedly Led to SIM Swapping
- Microsoft’s Verified Publisher Status Abused in Email Theft Campaign
- British Retailer JD Sports Discloses Data Breach Affecting 10 Million Customers
Latest News
- Fraudulent “CryptoRom” Apps Slip Through Apple and Google App Store Review Process
- US Downs Chinese Balloon Off Carolina Coast
- Microsoft: Iran Unit Behind Charlie Hebdo Hack-and-Leak Op
- Feds Say Cyberattack Caused Suicide Helpline’s Outage
- Big China Spy Balloon Moving East Over US, Pentagon Says
- Former Ubiquiti Employee Who Posed as Hacker Pleads Guilty
- Cyber Insights 2023: Venture Capital
- Atlassian Warns of Critical Jira Service Management Vulnerability
