Pelion Backs Security Software Developer Krimmeni

Salt Lake City-based venture capital investor Pelion Venture Partners has made an investment in Krimmeni, a developer of cyber security tools for the Internet-of-Things (IoT) market. Krim said today that it has raised $11.7M in a Series A funding. Third Point Ventures also was part of the investment round for San Francisco-based Krimmeni. Pelion's Carl Ledbetter joins Krimmeni's board with the funding. More information »