Sepio Systems announced today the company has taken on additional funding by lead investor Munich Re Ventures (MRV) to accelerate the company’s innovation and expand into new regions of the globe.
Sepio claims to have identified a missing piece of the OT/IIoT market – understanding and tracking behavior of connected physical devices. “Sepio is filling a critical gap in hardware security by providing visibility and management of attacks from an organization’s network to its physical layer,” said Jacqueline LeSage Krause, Managing Director, Munich Re Ventures. “Sepio’s ability to fingerprint physical devices and detect rogue behavior is attracting interest from global organizations seeking to understand what rogue devices are living in their walls and on their networks. We look forward to working with Sepio on growing their market presence and product offering.”
“Our ability to offer instant detection and response to any threat or breach attempt coming from infected or manipulated devices has set Sepio apart and created incredible interest from the investment and customer community,” said Yossi Appleboum, Co-Founder & CEO, Sepio Systems. “With a new R&D center in Lisbon and our expansion to Europe, with offices opening in the United Kingdom and Germany, Sepio is growing at an exponential rate and this additional funding is fueling that growth. Our partnership with Munich Re continues to expand our presence globally and highlights the synergy between insurance and RDM.”