NXM LABS INC.

company

About

NXM is the leader in zero-trust and zero-touch IoT security solutions that simplify building and deploying trustworthy products.

Details

Last Funding Type
Grant
Last Funding Money Raised
$223.67K
Industries
Blockchain,Cyber Security,Insurance,Internet of Things,Software
Founded date
Sep 21, 2016
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
NXM LABS Inc.
Also Known As
NXM

NXM is the leader in Autonomous Security software solutions for the commercial IoT and aerospace sectors. NXM’s firmware-based platform provides complete chip-to-cloud device lifecycle security and data protection. Advanced blockchain-based security technology enables devices to automatically defend themselves and recover from cyberattacks.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$8.42M
NXM LABS INC. has raised a total of $8.42M in funding over 2 rounds. Their latest funding was raised on Sep 18, 2019 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 18, 2019 Seed $2.50M Detail
Jun 28, 2019 Grant $223.67K 1 National Science Foundation Detail
Feb 11, 2019 Seed $3.20M 1 Cedarpoint Investments Inc Detail
Apr 11, 2018 Seed $2M Detail
Jan 10, 2017 Seed $500K Detail

Investors

Number of Lead Investors
Number of Investors
2
2
NXM LABS INC. is funded by 2 investors. National Science Foundation and Cedarpoint Investments Inc are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant
Cedarpoint Investments Inc Yes Seed

Employee Profiles

Number of Employee Profiles
3
NXM LABS INC. has 3 current employee profiles, including Board member David Posluns
Board member
Executive
Executive