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Ordr Secures $40 Million In Series C Funding To Answer Increased Demand For Connected Device Security

Jun 01, 2022about 3 years ago

Amount Raised

$40 Million

Round Type

series c

ChicagoOther

Description

Ordr has raised an additional $40 million to meet the growing need for organizations to understand, manage, and secure the growing number of connected devices in their environment, including Internet of Medical Things (IoMT), Internet of Things (IoT), and Operation Technology (OT). The funding round was co-led by Battery Ventures and Ten Eleven Ventures, with participation from new investor Northgate Capital and continuing investors Wing Venture Capital, Unusual Ventures, Kaiser Permanente Ventures, and Mayo Clinic. Other investors in Ordr's Series C include Silicon Valley entrepreneurs René Bonvanie, former CMO of Palo Alto Networks, Dan Warmenhoven, former Chairman and CEO of NetApp, and Dominic Orr, former Chairman and CEO of Aruba Networks. With this funding, Ordr has raised more than $90 million to date.

Company Information

Company

OrdrSmart

Location

2103 N CAMPBELL AVE

Chicago, Illinois, United States

About

Changing how bulk ingredient sales work one sample at a time.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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