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Device Authority

Device Authority

Private
ReadingCybersecurityhttps://deviceauthority.com/

Last Round

Series B

Extension

Dec 23, 2024

Est. Valuation

$27M

Total Funding Raised

$14.6M

Company Overview

Device Authority is a cybersecurity company that provides an identity and access management platform for enterprise IoT and OT ecosystems.

Sector

Cybersecurity

Verticals

IoT Security, Identity & Access, Cloud Security, Zero Trust

Business Model

B2B

Customer Profile

Subscription SaaS, Government Contracts, Services & Consulting

AI Layer

Application

Keywords

IoT securityidentity and access managementIAMdevice identitydevice provisioningzero trustPKI automationIoT device managementHSMhardware security moduleIoT security gatewaydevice authenticationcybersecurityconnected device securityIIoT securityanomaly detection

Historical Pricing

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Caplight Momentum Score

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Device Authority Comparables

Compare Device Authority with similar companies based on industry and business-model similarity.

Device Authority comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
MicroSec
82%
ANGOKA
81%
Crypto Quantique
79%

Device Authority Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series B ExtensionDec 23, 2024
Series A ExtensionFeb 20, 2024
Series BFeb 7, 2024
VC RoundDec 2, 2021
VC RoundOct 2, 2017
VC Round
Oct 18, 2016

Key People

Founding team and executive leadership

James Penney

CTO

Executive Team

Device Authority Investors

Notable investors and investment history

Device Authority investors
InvestorRounds
Mercato PartnersSeries A Extension, Series B
Tern PLCSeries B, VC Round, M&A
Ten Eleven VenturesSeries B Extension, Series B
Alsop Louie PartnersSeries B, M&A, VC Round, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 4, 2025

    Launched KeyScaler Discovery tool for IoT network security.

  • Jan 16, 2025

    Molly Marks appointed Senior Director, North America MSP Sales.

Recent news

Latest coverage and updates

  • is_developingJun 23, 2026

    Device Authority Ltd. is developing AI-enabled medical training platform on Dec 31st '25.

Device Authority Filings

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Device Authority filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Device Authority's valuation, stock price, and market status.

Is Device Authority a public or private company?

Device Authority is a private company.

What is the current stock price of Device Authority?

Device Authority is a private company with no public stock price. No recent secondary market data is available.

How much is Device Authority worth (valuation)?

Device Authority's valuation is estimated at $25.0M based on funding round data.

Can I buy Device Authority stock?

Device Authority shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Device Authority's last funding round?

Device Authority's most recent funding round was Series A Extension on February 7, 2024.

Who are the main investors in Device Authority?

Key investors in Device Authority include Tern PLC, Ten Eleven Ventures, Alsop Louie Partners.

Will Device Authority IPO soon?

No public IPO plans have been announced for Device Authority.

How can I track Device Authority secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Device Authority's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersReading
Employee Range23
Year Founded2013
Last FundingDec 23, 2024

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