San Francisco, CA – July 10, 2012 – Mocana, a leader in smart device security, today announced it has completed a $25 million round of Series D funding to scale the company’s Mobile and Device Security Platform, a software and network services solution for securing connected devices and the information, applications and services that run on them. Trident Capital led the new round, which also included participation from current investors Intel Capital, Shasta, Southern Cross and Symantec. J. Alberto Yépez, Trident Capital managing director, will join the Mocana board of directors.
“The number of connected devices and mobile applications is exploding, presenting new security risks for everything from tablets and smart phones to MRI machines and smart meters,” said J. Alberto Yépez, managing director for Trident Capital. “Mocana is poised to own this fast-growing, multi-billion dollar market as it possesses deep intellectual property, a global roster of premier clients and an experienced team with a proven ability to execute. We look forward to supporting Mocana to help it seize this significant market opportunity.”Read More
Mocana will host a summit of technology leaders to address dangerous security breaches, hacks and vulnerabilities recently reported in a range of electronic medical devices. Hosted jointly with Symantec and Codenomicon, the "Amphion Forum: Medical" will be held in Minneapolis, Minnesota on November 3, 2011 during the MD&M Conference. The invitation-only executive breakfast and roundtable seeks to foster frank discussions between the big medical device manufacturers, hackers and security experts about the opportunities – and threats - presented by the unprecedented proliferation of networked electronic medical devices within the healthcare industry.
The summit is free, but seating is limited. Request an invitation at http://amphionforum.com/medical11/Read More
The World Economic Forum today named Mocana, a company that focuses on smart device security, a "2012 Technology Pioneer." Mocana Corporation is one of only 11 IT companies chosen from a field of over 800 nominees. The winners, including Mocana, represent a "diverse set of innovative technologies that are poised to have a critical impact on business and society," according to the WEF. As a 2012 Technology Pioneer winner, Adrian Turner, CEO of Mocana will attend the World Economic Forum Annual Meeting in Davos-Klosters, Switzerland in January 2012.Read More
In a guest editorial on Byron Acohido's The Last Watchdog on Internet Security blog, Mocana CEO Adrian Turner states that tomorrow's security archetype needs to begin baked-in, taking full advantage of features in silicon, not bolted on as an afterthought. "And it must be made contextual and relevant through the active use of cloud services, since one-size-fits-all solutions don’t fit anyone well today," he writes
From The Last WatchdogRead More