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SAM Raises $20M Funding to Lead IoT Security for 5G Networks

SAM Seamless Network Co-Founders: Eilon Lotem, CTO; Sivan Rauscher, CEO; Shmuel Chafets, Vice Chairman (PRNewsfoto/SAM Seamless Network) SAM Seamless Network Co-Founders: Eilon Lotem, CTO; Sivan Rauscher, CEO; Shmuel Chafets, Vice Chairman (PRNewsfoto/SAM Seamless Network) Image Credit: SAM Seamless Network

SAM Seamless Network, a network security startup, recently announced it has raised $20M in Series B funding.

SAM specializes in protecting networks and smart devices for SMBs and consumers through an innovative software security solution integrated into the network gateway. 

SAM also recently launched an API-based intelligence service that provides premium device fingerprinting and real-time security for IoT devices that has garnered the attention of enterprises in new markets.

 

SAM will use this investment to drive innovation that brings enterprise-grade intelligence-based security to 5G-connected devices. Its core technology based on device fingerprinting and IoT threat intelligence will leverage the Mobile Edge Computing (MEC) architecture of 5G networks to operate closer to the end device. With increased visibility and reduced latency of 5G connectivity, SAM will be able to make security decisions faster for smart devices wherever they are.

SAM's technology detects anomalies in device behavior across the network to identify threats and uses aggregated data to ensure safe pathways for legitimate traffic. Investing in new intelligence that incorporates 5G visibility will enable SAM to predict the next widespread attack.  

Sivan Rauscher, CEO of SAM
Since we're the fastest growing and most widely deployed solution in our space, we've been able to improve our behavioral and machine learning techniques to not only detect, but prevent attacks targeting smart devices.

Tammy Mahn, Managing Director of Verizon Ventures
With an increase of at-home devices and with more people across the globe gravitating towards independent or remote work, SAM can be used as an enterprise-grade security solution for SMB and home networks. 

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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