SAM nabs $12M for cybersecurity aimed at home routers and devices connected to them
A wave of security startups have built solutions for enterprises that are meeting the challenges of "consumerization", where IT organizations are tasked with securing a range of devices and apps -- some brought in by employees, not issued by IT -- that are on the organization's networks. Today, a startup based out of Israel that is taking a similar approach, but aimed at consumers and the plethora of devices now connected to their home networks, is announcing a round of funding. SAM -- which provides a system administered by way of a home or small office/home office internet router to monitor connected devices for suspicious activity -- has raised a $12 million in funding.