Mocana gets $15M led by GE for securing the internet of things


Mocana, a company that provides security for enterprise computing and is branching out into securing connected devices, has scored a $15 million round of funding led by GE Ventures. Existing investors Shasta Ventures, Southern Cross Venture Partners, Symantec and Trident Capital also participated in the round. Getting GE as a strategic investors is a coup for the company as GE is heavily investing in the internet of things on the corporate side. Mocana’s cryptography engines are in five of the top seven Android handset makers and inside devices from Panasonic and Honeywell.

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