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The 10 Hottest Industrial IoT Startups Of 2018

With the industrial IoT market expected to reach $14.2 trillion by 2030, CRN looked at the 10 hottest, channel-friendly IIoT startups that stand to benefit from the sector's growth.

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Xage Security

CEO:Duncan Greatwood

Xage Security provides what it calls the world's first blockchain-protected security platform for industrial IoT deployments.

The Palo Alto, Calif.-based startup raised a $12 million Series A funding round that was backed by GE Ventures to accelerate development of its security fabric for industrial IoT edge networks and national infrastructure, among other things.

The company's platform provides a decentralized security layer that enables autonomous network communication and the establishment of trust at scale. The company is working with NTT Communications, GE Renewables and GlobaLogix on deployments.  

 
 
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