Secure-IC raises €20 million to accelerate the deployment of its cybersecurity solutions for connected objects
Press Release
Cesson-Sévigné (France), January 20, 2022 – After 10 years of sustained and controlled growth on equity, Secure-IC, the rising leader and only provider of end-to-end cybersecurity solutions for embedded systems and connected objects announced today a first capital raising of 20 million euros, led by Alliance Entreprendre with the support of GO Capital and BNP Paribas Développement. Secure-IC plans to accelerate its organic growth worldwide, support an ambitious recruitment plan and carry out external growth operations to implement its “Chip to Cloud” vision.
Since its creation in 2010, Secure-IC has built its development on a strong international expansion. With a presence and customers in 20 countries, across 5 continents, the company has more than 100 employees. Research and development is one of the major pillars of this growth, with over 200 international patents filed and 250 scientific articles published.
Secure-IC provides patented protection technologies that are embedded into hundreds of millions of electronic chips for smartphones, computers, automobiles, smart meters, cloud servers and more.
This funding will help Secure-IC accelerate the implementation of its “chip to cloud” vision, which consists of going beyond the physical security of electronic chips. Secure-IC intends to cover the entire security lifecycle of connected objects and embedded systems, from their design through the management of fleets of deployed devices up to their decommissioning.