2 SaaS Startups in the Physical Security Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Physical Security industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 2 VC funded SaaS startups in the Physical Security industry.

Ontic

To safeguard staff, clients, and assets, Ontic is the first protective intelligence software firm to digitally change Fortune 500 and developing organizations' proactive physical threat management strategies. The SaaS-based platform from Ontic compiles and links danger indicators to offer a full view of possible risks while exposing crucial information so businesses may analyze and take additional action to ensure business continuity and minimize financial harm. Through its Center for Protective Intelligence, Ontic also offers strategic advice, multifaceted services, education, and thought leadership for safety and security professionals at big businesses. Visit ontic.co for more details.

Company details:
Founders:
Gagan Jain, Thomas Kopecky
Founded:
2017
Based in:
Austin, Texas, United States
Website:
Ontic
Industries:
Cyber Security, Information Technology, Physical Security, SaaS, Security, Software
Latest funding:
$40,000,000
Series B
16 November 2021
Total funding:
$56,650,000
Investors
Village Global, Felicis Ventures, Silverton Partners, JMI Equity, Floodgate

Viakoo

Today’s enterprises have cyber vulnerabilities caused by thousands of unmanaged and IoT devices that keep their employees and facilities secure, patients alive, office temperatures just right, and perform dozens of other critical functions to ensure the business runs smoothly. If the security of those devices is compromised, the business itself is compromised. Viakoo Action Platform with firmware patching, certificate management, and password enforcement helps protect these device vulnerabilities.

Company details:
Founders:
Bart Nanni, Bud Broomhead, David Nelson-Gal, Manqing Liu, Mark McCourt
Founded:
2013
Based in:
Mountain View, California, United States
Website:
Viakoo
Industries:
Cloud Data Services, Cyber Security, Internet of Things, IT Infrastructure, Physical Security, SaaS
Latest funding:
$10,000,000
Series A
28 October 2021
Total funding:
$11,900,000
Investors
Shasta Ventures, Keiretsu Capital, Keiretsu Forum, Stanley Black & Decker, PivotNorth Capital

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