Exein Raises €70 Million Series C to Secure Billions of IOT Devices

Led by Gianni Cuozzo(CEO and Founder), Gerardo Gagliardo(CFO and Co-Founder), Giovanni Alberto Falcione(CTO and Co-Founder), Gary Walshe(CCO), and Diana Rabba(Head of Marketing), Exein has raised €70 million Series C led by Balderton and joined by Supernova and Lakestar, with follow-on investments from previous investors 33N, United Ventures, and Partech.

Following its Series B in July 2024, this new round underscores Exein’s strong momentum—marked by 450% year-over-year growth—and supports its commitment to strategic acquisitions aimed at expanding its footprint in the cybersecurity ecosystem.

With this new capital, Exein will accelerate global expansion into key markets such as the United States, Japan, Taiwan, and South Korea, while further strengthening its leadership among European companies. The funding will also advance the development of Exein’s next-generation technologies, including runtime security solutions designed for AI infrastructure and large language models (LLMs).

Exein provides real-time, on-device security for IoT and embedded systems, acting like a digital immune system. Trusted by leading manufacturers, the platform protects over 1 billion devices and ensures compliance with global cybersecurity regulations amid rising industry-wide cyber threats.