Finite State Raises $27 Million for Connected-Device Security Platform
Summary
Finite State raised $27 million in a Series C round to expand internationally and make its platform more autonomous. The company says it analyzes shipped software and firmware, identifies vulnerabilities, and generates compliance materials for device makers.
Key points
- The Series C was led by private funds managed by The O.H.I.O. Fund, with four other investors participating.
- Finite State says its platform analyzes compiled firmware and binaries, so source code is not required.
- The company says the platform identifies known and zero-day vulnerabilities and helps manufacturers address exploitable flaws.
- The platform produces SBOMs, VEX documents and signed compliance packages for product-security requirements.
- AI agents perform analysis, triage and testing, and draft regulatory reports; customers can connect their own agents through an API and MCP server.
Article Details
- Event Type
- Finite State announced a $27 million Series C funding round led by private funds managed by The O.H.I.O. Fund, with participation from CIBC Innovation Banking, Energy Impact Partners, Energize Capital, and National Grid Partners.
- Impact
- Finite State said the funding will support international growth and make its connected-device security platform more autonomous. The platform analyzes shipped software and firmware to identify known and zero-day vulnerabilities and helps manufacturers address exploitable flaws and meet product-security requirements.
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consumer electronicsIts users are makers of vehicles, medical devices, industrial equipment, consumer electronics and utility infrastructure.Industrial EquipmentIts users are makers of vehicles, medical devices, industrial equipment, consumer electronics and utility infrastructure.medical devicesIts users are makers of vehicles, medical devices, industrial equipment, consumer electronics and utility infrastructure.