What is CENTRI Technology?
CENTRI Technology specializes in providing advanced data security solutions tailored for the Internet of Things (IoT). Their software-only products empower IoT professionals, developers, and device manufacturers to rapidly deploy secure IoT ecosystems. By protecting data from its origin to its consumption, CENTRI addresses critical data communication risks within standards-based network infrastructures. Their offerings feature robust, industry-standard encryption and compression, all within a compact footprint suitable for low-power IoT endpoint devices.
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
Alliance of Angels
Alliance of Angels is a prominent angel investor network focused on providing startup funding and seed-stage investment to early-stage companies, particularly in technology and hardware sectors within the Pacific Northwest.
Matthew Pritzker Company
Matthew Pritzker Company, LLC is an investment firm that makes direct equity and debt investments in innovative, early and growth-stage companies across technology, retail, media, and real estate.
What's next for CENTRI Technology?
With a substantial enterprise-level funding history, CENTRI Technology appears poised for significant scaling and market expansion. The recent strategic investment suggests a focus on solidifying its market position and potentially developing new security protocols or expanding its product suite to meet the evolving demands of the IoT sector. Future growth will likely involve deeper integration into enterprise supply chains and further enhancement of its data protection capabilities for a diverse range of connected devices.
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