The startup develops a hardware-based security platform that implements robust security protocols for lightweight IoT devices. This technology enables OEMs and IoT service providers to secure their devices and maintain the integrity of interconnected systems against vulnerabilities.
Funding
$7.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
PPFounders
Product
Problem
Lightweight IoT devices often lack the processing power and resources to implement robust security protocols, making them vulnerable to a wide range of cyberattacks. Post-production security solutions can be costly and may not be fully compatible with existing device hardware and software. This can lead to compromised devices and interconnected systems, resulting in data breaches, device hijacking, and other security incidents.
Solution
Security Platform Inc. provides hardware-based security solutions designed to protect lightweight IoT devices from the ground up. Their technology integrates security functions directly into the hardware, simplifying development and management while ensuring compatibility and cost-effectiveness. By addressing security issues at the hardware level, the platform secures devices even without an operating system, enabling safe use of network-connected products from the start. The company's key technologies include device unique identification (DICE), secure boot and secure over-the-air (OTA) updates, trusted execution environment (TEE), mutual authentication with SSL/VPN, and security management solutions.
Target Audience
The primary target audience includes OEMs, IoT service providers, and system integrators seeking to enhance the security of their IoT devices and protect interconnected systems from vulnerabilities.
Features
- AXIO Crypto: Security cryptographic module with FIPS and KCMVP certifications, featuring a secure zone for key protection and firmware integrity verification.
- AXIO VPN: Home network security solution providing network separation, bypass functionality for fault tolerance, and compliance with KISA guidelines.
- AXIO SecureCAM: AI IP camera with built-in VPN, secure boot, in/out firewall, KCMVP-certified cryptographic module, and smart AI detection capabilities.
- AXIO eSIM: Embedded SIM for IoT devices, enabling remote subscription management and enhanced security.
- Device Unique ID (DICE) technology to generate unique IDs for each device, preventing illegal duplication.
- Secure Boot & Secure OTA (Over the Air) to create a hardware root of trust and ensure firmware integrity.
- TEE (Trusted Execution Environment) to store and execute security-related code and cryptographic keys, protecting against physical attacks.
- Mutual Authentication, SSL / VPN to provide certificate-based authentication and encryption for secure network communication.
- Security Management solutions to manage firmware updates and ensure only approved code is installed.