SmartAxiom, Inc. is a United States-based startup specializing in managing and securing IoT devices through edge blockchain technology. Founded in 2016, the company's patented lite blockchain technology operates among IoT devices at the edge of the Internet, enabling them to defend themselves. SmartAxiom's peer-to-peer distributed ledgers improve security, latency, reliability, and manageability, offering the first true endpoint-to-cloud blockchain solution. The company's IoT Smart Contracts push intelligence to the edge, proving valuable in verticals such as smart buildings, manufacturing lines, vehicles, and shipment tracking. SmartAxiom's technology interoperates with enterprise systems such as IBM Blockchain and Microsoft Azure, and it is proven on many ARM and Intel-based microcontrollers from companies like Intel, Marvell, NXP, and Broadcom.
The company recently secured a $350.00K Seed Round investment on 20 February 2021. The investors in this round were not disclosed.
SmartAxiom addresses critical needs in the Blockchain, Cyber Security, Manufacturing, and Transportation industries, positioning itself as an innovative and relevant player in these rapidly evolving sectors.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | $350.00K | - | 20 Feb 2021 | |
Pre Seed Round | $250.00K | - | 15 Jan 2019 | |
Angel Round | $150.00K | - | 20 Nov 2016 |
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