Mocana is a San Jose-based technology company, founded in 2002, that develops mission-critical cybersecurity solutions for embedded systems and Internet of Things (IoT) devices.[1][2][3] Its core product, the Mocana IoT Security Platform (also known as Mocana Security of Things Platform), is a high-performance, OS-independent software suite providing cryptographic controls like authentication, encryption, integrity verification, and secure device-to-cloud communications for resource-constrained devices.[1][2][3][4] Mocana serves industrial sectors including energy, government, healthcare, manufacturing, aerospace, transportation, and communications, protecting over 100 million devices for clients like Bosch, GE Digital, Honeywell, Infineon, Intel, and Siemens by addressing vulnerabilities in industrial control systems, medical devices, automotive firmware, and battlefield communications.[2][3][4][5] The platform solves the problem of securing complex, multi-vendor IoT ecosystems beyond traditional perimeter defenses, enabling trustworthy devices amid rising cyber threats, with strong adoption driven by its FIPS 140-2 compliance and customization options.[1][3][4]
Mocana was founded in 2002 in California, initially focusing on embedded systems security for networked devices.[1][3] It launched its first products in 2004, including the Embedded Security Suite for securing communications, and quickly partnered with Freescale Semiconductor while based in Menlo Park.[1] By 2008, it expanded to smartphone security examples, but in 2016, Mocana spun out its mobile application security business to concentrate exclusively on IoT and industrial control systems, relocating emphasis to San Francisco.[3] Under CEO Bill Diotte, the company gained traction through partnerships with majors like Infineon and Intel, evolving into a leader in high-assurance IoT security amid exploding device proliferation.[4][5] Pivotal moments include 2018 support for TPM 2.0 standards, enhancing device authentication for industrial IoT, and securing millions of endpoints across Fortune 500 firms and government agencies.[3][5]
Mocana rides the explosive growth of IoT and OT/IT convergence, where billions of connected devices in industrial settings face escalating cyber risks like ransomware and supply chain attacks.[3][6] Its timing aligns with regulatory demands for embedded security (e.g., FIPS, TPM standards) and the shift to zero-trust models, as manufacturers prioritize secure-by-design amid vulnerabilities in legacy systems.[1][5] Market forces favoring Mocana include surging IoT endpoints (projected billions by 2025+), multi-vendor complexity, and needs in critical infrastructure, influencing the ecosystem by enabling secure scaling for partners like ABB and Honeywell, thus accelerating digital transformation in energy, healthcare, and manufacturing.[4][6] As a specialist, it sets benchmarks for trustworthy IoT, reducing tampering risks and supporting remote firmware updates in an era of ubiquitous smart devices.[6]
DigiCert's acquisition of Mocana integrates its endpoint expertise into a comprehensive digital trust platform for identity management, secure connections, and remote updates, positioning it to dominate IoT security as devices proliferate.[6] Next steps likely involve expanding TPM integrations, AI-driven threat analytics, and deeper supply chain automation to counter evolving attacks on industrial IoT.[2][4] Trends like edge computing, 5G-enabled IoT, and stricter global regulations (e.g., EU Cyber Resilience Act) will propel growth, evolving Mocana's influence from niche protector to foundational enabler of secure ecosystems. This builds on its legacy of safeguarding millions of devices, ensuring Mocana remains essential as IoT underpins the next industrial revolution.[3][5][6]
Mocana has raised $77.0M in total across 6 funding rounds.
Mocana's investors include American Express Ventures, Canaan Partners, G2VP, Glencrest Group, Joe Kraus, Lakeside Capital, Lobby Capital, Shasta Ventures, Trinity Ventures, Lisa Gansky, Rashaun Williams, Forgepoint Capital.
Mocana has raised $77.0M across 6 funding rounds. Most recently, it raised $15.0M Series G in March 2019.
