What is Microshare?
Microshare operates as a Data Governance Platform tailored for the Internet of Things (IoT). Its core offering, the Policy Fabric platform, is designed to manage vast quantities of data generated from numerous sources across distributed locations. The platform enables granular control over data access, ensuring privacy, security, and confidentiality while facilitating 'micro-sharing' capabilities. Founded in 2013, Microshare aims to empower individual users with precisely the data they need, when they need it, from the complex web of IoT data streams.
How much funding has Microshare raised?
Microshare has raised a total of $25.6M across 5 funding rounds:
Share Placement
$5M
Debt
$150K
Unspecified
$5M
Debt
$429K
Unspecified
$15M
Share Placement (2019): $5M with participation from The Motley Fool
Debt (2020): $150K led by PPP
Unspecified (2020): $5M supported by Semtech and Kerlink
Debt (2021): $429K featuring PPP
Unspecified (2021): $15M backed by Avenue Capital Group
Key Investors in Microshare
Avenue Capital Group
Avenue Capital Group is an investment firm founded in 1995, specializing in distressed securities and private equity, likely bringing strategic financial expertise to Microshare's growth.
The Motley Fool
The Motley Fool, established in 1993, is a financial and investing advice company that provides insights and community for the venture capital industry, potentially offering strategic guidance.
Semtech
Semtech Corporation, a semiconductor manufacturer since 1960, focuses on advanced algorithms for various industries, suggesting a potential synergy in IoT hardware and data solutions.
What's next for Microshare?
The recent major strategic investment in Microshare suggests a strong market validation for its IoT data governance solutions. With a focus on enterprise-level data challenges, this backing is likely to fuel product development, expand market reach, and enhance its competitive position. The company's trajectory, marked by consistent funding rounds, indicates a strategic push towards scaling operations and solidifying its presence in the rapidly evolving IoT security and data management landscape. Future initiatives may involve deeper integration with existing enterprise systems and further innovation in policy enforcement mechanisms.
See full Microshare company page
