What is CENTRI Technology?
CENTRI Technology specializes in advanced data security tailored for the Internet of Things (IoT) ecosystem. The company provides a suite of software-only products designed to assist IoT professionals, developers, and device manufacturers in deploying robust security measures without compromising performance. By integrating heavyweight, industry-standard encryption and compression into a lightweight footprint, CENTRI addresses the unique constraints of low-power IoT endpoint devices. This approach allows for seamless data protection from the point of creation to final consumption, effectively mitigating communication risks within existing standards-based network infrastructures.
How much funding has CENTRI Technology raised?
CENTRI Technology has raised a total of $25.5M across 4 funding rounds:
Series A
$1.7M
Series B
$4.5M
Series C
$13M
Private Equity
$6.3M
Series A (2011): $1.7M with participation from Alliance of Angels
Series B (2012): $4.5M led by Matthew Pritzker Company
Series C (2013): $13M, investors not publicly disclosed
Private Equity (2014): $6.3M, investors not publicly disclosed
Key Investors in CENTRI Technology
Matthew Pritzker Company
Matthew Pritzker Company, LLC is the principal financial and investment office of Matthew Pritzker, overseeing a diverse portfolio that includes innovative, early and growth-stage companies in technology, retail, and media.
Alliance of Angels
Alliance of Angels is Seattle’s leading network of angel investors, dedicated to providing startup funding and seed stage investment to high-growth companies in the Pacific Northwest.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for CENTRI Technology?
With the infusion of recent capital, CENTRI Technology is well-positioned to accelerate its product roadmap and deepen its market penetration. The company is expected to focus on enhancing its encryption protocols to meet the increasing complexity of global IoT deployments. As the demand for secure, low-latency data transmission grows, CENTRI's ability to provide purpose-built security solutions will likely attract further strategic partnerships. The firm's focus remains on scaling its operations to support large-scale enterprise clients, ensuring that its lightweight security architecture becomes the industry standard for protecting the next generation of connected devices.
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