
MicroSec
Simplifies security deployment for IoT.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
N/A | Grant | ||
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | - | (22 %) | - |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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MicroSec Pte. Ltd. is a cybersecurity firm based in Singapore, established to address the security vulnerabilities in the Internet of Things (IoT) and Operational Technology (OT) environments. The company was founded in 2016 by Dr. Vishram Mishra and Magzhan Ikram, who brought together their expertise to create security solutions for constrained, low-power devices. Dr. Mishra, the CEO, holds a PhD in Wireless Communication and has an extensive background in cryptography protocols and sensor nodes. The founding CTO, Magzhan Ikram, possesses a master's degree in Applied Mathematics and Computer Science and paused his PhD in Embedded Systems to co-found the company.
The firm operates in the industrial IoT security market, serving clients across critical infrastructure, manufacturing, smart cities, and maritime sectors. Its customer base includes Singaporean government agencies like the Cyber Security Agency of Singapore and global technology companies such as Honeywell and Infineon Technologies. MicroSec's business model is centered on providing enterprise-grade security solutions directly and through partnerships with original equipment manufacturers (OEMs) and managed security service providers (MSSPs). The company has received funding from investors including MassMutual Ventures, Wavemaker Partners, and Entrepreneur First, with total funding reaching over $3.5 million.
MicroSec offers a suite of products designed to provide end-to-end protection for IoT and OT networks. The 'Protection Suite' features lightweight, patented cryptography for device authentication and data encryption, which is significantly more energy and memory efficient than standard solutions. This suite includes a dynamic key management system that assigns a unique session key to each device. The 'Monitoring Suite,' known as MicroIDS, employs machine learning for anomaly detection to identify and neutralize zero-day attacks and unauthorized device behavior in real-time. A 'Cybersecurity Assessor' tool helps organizations evaluate their security posture against standards like IEC 62443. These platforms are designed for both new (greenfield) and existing (brownfield) deployments, securing everything from microcontrollers and sensors to the network layer, and supporting a variety of network protocols.
Keywords: IoT security, OT security, cybersecurity, Industrial IoT, IIoT, embedded systems security, critical infrastructure protection, smart city security, maritime cybersecurity, device lifecycle management, anomaly detection, machine learning, cryptography, network security, zero-trust security, endpoint protection, vulnerability assessment, compliance, IEC 62443, threat intelligence