DigiCert acquires Mocana to accelerate its presence in the IoT market

DigiCert acquires Mocana to accelerate its presence in the IoT market-01

Digital security provider DigiCert Inc. has announced that it has acquired IoT company Mocana Corp. for an undisclosed price.

DigiCert plans to use the acquisition to accelerate its presence in the fast-growing IoT market. The acquisition will also provide customers with a means to manage device identity, secure connections, prevent device tampering and update firmware settings remotely and security once in the field.

Coming into its acquisition, Mocana had raised $95.7 million in funding, including rounds of $11 million in 2017 and $15 million in 2019. Investors include Sway Ventures, In-Q-Tel, Intel Capital, Southern Cross Venture Partners and SV Angel.

Read More: https://siliconangle.com/2022/01/13/digicert-acquires-mocana-accelerate-presence-iot-market/

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