Perygee, a Boston, MA-based company providing a lightweight and complete security platform for Internet of Things and Operational Technology, raised $4.75m in Seed funding.
The round was led by Ballistic Ventures with participation from cybersecurity angels Ray Rothrock, John Donovan, Ohad Finkelstein, Corey Thomas, and Bryson Bort. As part of the investment, Barmak Meftah, Co-founder and General Partner of Ballistic Ventures, will join the Perygee Board of Directors. Angel investor John Donovan, CEO of Qudit Investments and former CEO of AT&T Communications, will join as a board advisor.
The company, which has raised $6.35m to date, intends to use the funds to accelerate growth and expand operations.
Led by CEO Mollie Breen, Perygee provides a smart security platform for smart devices. Its platform improves operational efficiency by unifying data, protecting assets, and automating mission-critical workflows. The company has also released a new self-service onboarding experience for any IoT/OT stakeholder to immediately get started using a free tier of the platform. This service allows anyone to be empowered with the complete tools to customize and manage their IoT/OT data, dashboards, and workflows without costly investment or ongoing overhead.