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Phosphorus Raises $27 Million Series A2 Financing Round Led By Evolution Equity Partners

Dec 20, 2023•over 1 year ago

Amount Raised

$27 Million

NashvilleCyber SecuritySecurity

Description

Phosphorus Cybersecurity Inc., the leading provider of unified security and device management for the xTended Internet of Things (xIoT), today announced that it has raised an additional $27 million in Series A2 funding led by Evolution Equity Partners.

Company Information

Company

Phosphorus

Location

1140 BROADWAY

Nashville, Tennessee, United States

About

Phosphorus Cybersecurity Inc. is the leading provider of unified, prevention-based security management for the xTended Internet of Things (xIoT). The company offers a best-of-breed Cyber-Physical System (CPS) Protection Platform that discovers, remediates, monitors, and manages the full scope of IoT, OT, IIoT, and IoMT devices.

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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