Investors pumped €13.5 million into IoT security start-up SandGrain in a Series-A funding round it stated positions it for a global push of its CyberRock product for enterprise users.

SandGrain stated Netherlands-based Innovation Industries led the funding round. Brabantse Ontwikkelings Maatschappij and Invest-NL participated, as did existing backer DeepTech XL.

The IoT specialist argued cybersecurity needs are soaring because billions of devices are now being connected. Other factors include European Union legislation and emerging quantum threats.

SandGrain CEO Joeri Voets said the company is removing IoT security bottlenecks involving cost and complexity. The Series-A investment “enables us to scale faster”, he explained.

The company stated CyberRock is configured for future security challenges, using a specific authentication approach employing hard-coded device IDs and a secure cloud platform with real-time identity traits.

It highlighted compatibility with European digital protection laws.

SandGrain explained the set-up is already in use in various industrial settings, along with critical infrastructure, and aerospace and defence fields.