What's Happening?
Zeroport, a company specializing in non-IP-based remote access technology, has raised $10 million to expand its operations in North America and the Asia-Pacific region. The funding will also support the growth of its team and the enhancement of its Fantom platform. The Fantom platform is unique in its use of patented hardware to create a non-IP bridge at network boundaries, which limits inbound data flows to human interaction signals and outbound flows to display-only pixel streams. This approach prevents malware infiltration and enhances data security. The funding round was led by lool ventures, with participation from Clarim Ventures, CyberFuture, and Fusion Fund.
Why It's Important?
The expansion of Zeroport's operations and the enhancement of its Fantom platform
are significant in the context of increasing cybersecurity threats. By providing a secure remote access solution that does not rely on IP-based communication, Zeroport offers a novel approach to protecting networks from malware and unauthorized access. This technology can lead to substantial cost savings for organizations by reducing the need for traditional remote access tools and enabling secure remote operations. The investment in Zeroport reflects growing interest in innovative cybersecurity solutions that address the evolving landscape of digital threats.
What's Next?
With the new funding, Zeroport plans to increase its workforce and further develop its technology to meet the demands of its expanding market. The company will likely focus on enhancing the capabilities of its Fantom platform to provide even more robust security features. As Zeroport expands its presence in North America and the Asia-Pacific, it may also explore partnerships with other cybersecurity firms to broaden its reach and impact.
