Kry10

Based in Wellington, New Zealand, Kry10 is a software company developing a specialized operating system (OS) for the Internet of Things (IoT) market, with a focus on mission-critical connected devices. Founded in 2020, the company targets industries where security and reliability are paramount, such as automotive, industrial systems, critical infrastructure, and manufacturing. The firm's business model centers on providing a platform that includes the Kry10 Operating System (KOS), development tools, and management services to help businesses securely build, manage, and deploy applications on their connected devices.

The company was founded by Boyd Multerer, who serves as CEO and CTO. His background includes nearly two decades at Microsoft, where he was a pivotal figure in the development of Xbox Live and the XNA programming language. This experience in creating large-scale, networked hardware and software ecosystems directly informs Kry10's approach to the IoT space. The founding team also includes Jason Fox, who handles partnerships and legal matters, and brings experience from his roles as a former chief executive for three post-settlement iwi entities and as a government advisor on Treaty negotiations. Kent McLeod, VP of Engineering, specializes in formally verifiable trustworthy systems and previously worked on the seL4 microkernel at CSIRO's Data61.

Kry10's core product, the Kry10 Operating System (KOS), is engineered from the ground up to provide a high level of security and resilience for connected devices. It leverages the seL4 microkernel, which is mathematically proven to be secure, to isolate components and prevent faults or cyberattacks from spreading across a network. This "Trust but Isolate®" approach is designed to ensure that even if one part of a system is compromised, the critical functions remain protected. The platform also integrates the Erlang BEAM application environment, known for its resilience, and supports development in languages like C, Rust, Elixir, and Erlang. The accompanying Kry10 Management Service allows clients to remotely manage device fleets, monitor health, collect data, and securely perform updates with minimal downtime.

In January 2024, Kry10 announced it had raised $6 million in a Pre-Series A funding round. The round was led by Australian venture capital firm Folklore Ventures, with participation from investors including In-Q-Tel (IQT), Movac, and Nuance Connected Capital. This capital is intended to expand the engineering team and accelerate commercial deployment, with the company already engaged with clients that include a major German automotive manufacturer.

Keywords: operating system, IoT security, mission-critical systems, connected devices, seL4 microkernel, Boyd Multerer, industrial IoT, automotive systems, embedded systems, cybersecurity, device management, Erlang, Elixir, venture capital, Folklore Ventures, asset control, resilient systems, secure updates, firmware security, network connectivity