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Founded in 2018 and based in Halifax, Nova Scotia, Byos is a venture-backed cybersecurity company providing edge microsegmentation hardware and platform subscriptions to various enterprise clients. The company utilizes plug-and-play devices like the Secure Endpoint Edge to enforce isolation and route control across OSI layers, making assets invisible on unmanaged networks such as public wireless internet connections. Operating through a subscription model, the firm delivers secure remote access and granular management via Secure Lobby to critical infrastructure sectors including defense, government, manufacturing, healthcare, and financial services markets. Supported by an estimated 21 to 50 employees, the rapidly growing startup generates approximately $2,740,000 in annual revenue and holds an estimated valuation of $8,800,000. Formerly known as MKIT North America, the enterprise has successfully raised $11,880,000 in total funding, highlighted by a recent seed round of $6,860,000.
Byos has raised $4.0M across 1 funding round.
Byos has raised $4.0M in total across 1 funding round.
Byos is a cybersecurity company specializing in a Secure Edge Microsegmentation Platform that delivers Zero Trust networking by providing edge protection, asset invisibility, isolation, and granular access control without data leakage or device exposure.[1][2][3] It serves critical sectors including defense, government, manufacturing, utilities, healthcare, energy, critical infrastructure, and financial services, securing diverse assets from plant floor machinery and EV charging stations to employee laptops.[1][2][3] The platform solves the problem of lateral movement in attacks by shrinking the attack surface, enabling secure OT remote access, simplified third-party controls, and compatibility with legacy devices and existing networks, while unlocking efficiencies in data aggregation and productivity.[1][3]
Byos offers agentless, plug-and-play solutions like Endpoint Edge for mobile devices, Gateway Edge for OT systems, Embedded Edge (now in pre-order), and Cluster Edge for datacenters, all managed via a central console and visualized in the Secure Lobby overlay.[1][3]
Byos was founded in 2018 as a provider of Industrial IoT cybersecurity and privacy technologies, initially based in Canada.[4] The company emerged to address rising risks from remote work, IoT proliferation, and legacy systems in critical infrastructure, building a platform inherently designed for Zero Trust networking compatible with any devices or environments.[1][2] Early focus centered on edge microsegmentation to make networks "invisible," reducing risks dramatically while enabling new operational efficiencies; it has since expanded to serve high-stakes industries with FIPS 140-2 validated hardware manufactured in the USA.[1][3] Key milestones include raising over $7M in funding and launching products like Secure Embedded Edge for pre-order, demonstrating steady traction in securing OT and edge assets.[5][1]
Byos stands out in edge security through these key strengths:
Byos rides the surging demand for Zero Trust Architecture amid escalating cyber threats to critical infrastructure, IoT expansion, and hybrid/remote operations, where traditional perimeter defenses fail against lateral movement and ransomware.[1][3] Timing is ideal as regulations like CMMC and NIST push FIPS-compliant edge security, while OT convergence with IT amplifies vulnerabilities in manufacturing, energy, and defense—sectors facing frequent attacks on legacy systems.[1][3] Market forces favoring Byos include the Industrial IoT boom (projected multi-trillion growth), supply chain scrutiny post-SolarWinds, and EV/infrastructure digitization needing invisible, isolated networks.[2][4] It influences the ecosystem by enabling secure data flows for AI-driven decisions, reducing breach costs (averaging $4.5M+ per incident), and setting standards for embedded edge protection in hardware-constrained environments.[1][3]
Byos is poised for acceleration with its pre-order Embedded Edge and $7M+ funding fueling expansion into more OT/IoT niches, potentially capturing share in the $50B+ Zero Trust market.[1][5] Trends like AI-enhanced threats, 5G edge computing, and stricter compliance (e.g., updated NIST frameworks) will amplify demand for its invisible-network model, especially as quantum risks loom. Influence may evolve through partnerships in defense/utilities and bug bounty programs, scaling from niche protector to ecosystem enabler—transforming edge security from reactive to inherent, much like how it redefined invisibility for critical assets today.[1][3]
Byos has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in November 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2019 | $4M Seed | — | Security Leadership Capital | Announced |
Byos has raised $4.0M in total across 1 funding round.
Byos's investors include Security Leadership Capital.
