Fundz

Finite State Raises $30M Series B To Secure The Connected Device Supply Chain For Critical Infrastructure And Energy

PRIVATEAug 02, 2021

Amount Raised

$30 Million

Round Type

Series B

ColumbusFinancial ServicesSoftwareSecurity

Description

Finite State, the leader in connected device security, has raised $30 million in Series B funding. The round was led by Energize Ventures and joined by Schneider Electric Ventures and Merlin Ventures.

Quick answer

Finite State raised $30 Million in a Series B round, dated August 2, 2021. Finite State is based in Columbus, Ohio, United States.

How much did Finite State raise?
Finite State raised $30 Million in a Series B round on August 2, 2021.
What does Finite State do?
Finite State is the leading provider of product cybersecurity solutions for connected devices and embedded systems, including IoT, medical devices, and OT/ICS.
Where is Finite State based and how big is it?
Finite State is based in Columbus, Ohio, United States. Fundz records about 61 employees.
Who are the decision-makers at Finite State?
Fundz holds 2 contacts at Finite State. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Security around the same time

Companies in the same sectors as Finite State that raised within 45 days of this round, from Fundz verified event records.

  • Tomocredit raised $10M (Series A) on September 15, 2021.
  • Jeeves raised $51M on September 15, 2021.
  • JumpCloud raised $159M on September 14, 2021.
  • Stord raised $90M (Series D) on September 14, 2021.
  • Pixieset Media raised an undisclosed amount (Private Equity) on September 13, 2021.
  • Stord raised $95M on September 13, 2021.

Who to call at Finite State, and when

A new round usually means Finite State is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Finite State raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Finite State, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Finite State. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Finite State

Location

Columbus, Ohio, United States

About

Finite State is the leading provider of product cybersecurity solutions for connected devices and embedded systems, including IoT, medical devices, and OT/ICS. We empower product security teams—the guardians of the connected world—to protect the devices we rely on every day. Our market-leading platform delivers advanced threat, vulnerability, and risk management to ensure the security and integrity of embedded systems across critical industries.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Finite State raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Predictive Intelligence
Strategic

ML-powered predictions for Finite State's next move

See what Strategic adds

Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Finite State raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.