Finite State raises $27 million Series C for device security
Original title: Finite State Raises $27 Million to Help Device Makers Fight ‘Vulnpocalypse’ with AI-Powered Product Security
The O.H.I.O. Fund led the round, which Finite State says will fund autonomous analysis and international expansion.
Columbus-based Finite State announced a $27 million Series C led by private funds managed by The O.H.I.O. Fund, with CIBC Innovation Banking, Energy Impact Partners, Energize Capital, and National Grid Partners. The company says the capital will scale its AI-driven firmware and product-security platform and expand internationally. The announcement cites AI-discovered flaws, including a PHP vulnerability, and regulations such as the EU Cyber Resilience Act, FDA premarket rules, UNECE R155 and R156, and IEC 62443.
Unconfirmed: The “Vulnpocalypse” framing and market-size figure are company or third-party claims, not independently verified here.
- Finite State analyzes software and firmware inside finished connected devices.
- The company cites an IoT security market projection of $80.3 billion by 2031.
- Customers named in general terms include grids, automakers, and medical-device makers.
- JET OPTOELECTRONICS is quoted as a user of binary and firmware analysis.
- Founder and CEO Matt Wyckhouse calls AI-accelerated flaw discovery the new baseline.
- Vendors
- Finite State
From the original article
7 min read at gbhackers.com
Columbus, Ohio, United States, November 10th, 2026, CyberNewswire Funding Will Scale Finite State’s Autonomous Platform and International Expansion as Manufacturers Face a Surge of AI-Discovered Flaws and New Global Security Mandates Finite State, a leader in product security and software supply chain risk management, today announced a $27 million Series C funding round led by […]
By CyberNewswire · gbhackers.com
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