Fend

Arlington, United States Founded: 2017 • Age: 9 yrs Acquired By OPSWAT
Provider of cybersecurity solutions for IoT devices

About Fend

Fend is a Technology company based in Arlington (United States) founded in 2017 by Colin Dunn, and was acquired by OPSWAT in December 2024. Fend has raised $1.33 million across 10 funding rounds from investors including OPSWAT, DOE and OSTI.GOV. Its chief executive is Colin Dunn. Fend offers products and services including Data Diodes, Diode Accessories, Integration Services, Enterprise Solutions, and Fend Cloud. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Security and Device Security. Its legal entity is Fend Incorporated. Its competitors include Armis Security, Upstream Security, Claroty, Ordr and SandboxAQ and 3 more; 8 of its 8 listed competitors have raised funding.

Company details

Provider of cybersecurity solutions for IoT devices. It provides real-time information, alerts, and predictive analytics about equipment status and enables users to remotely monitor them. Its unidirectional security hardware is claimed to use a beam of light to enable the flow of data in one direction and allows operators to transmit equipment status without hackers controlling it, injecting ransomware, or using legacy systems.

  • Headquarters Arlington, United States
  • Founders Colin Dunn
  • Stage Acquired
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website fend.tech
  • Social LinkedIn X
  • Acquired by OPSWAT (Dec 2024)
  • Legal Name Fend Incorporated
Key Metrics
  • Total Equity Funding
    $1.33M (USD)

    in 10 rounds

  • Latest Funding Round
    $150K (USD), Debt – Conventional

    May 2024

  • Investors
    OPSWAT

    & 3 more

  • Acquired by
    OPSWAT

    (Dec 2024)

Products & Services of Fend

Fend offers a comprehensive portfolio of products and services, including Data Diodes, Diode Accessories, Integration Services, Enterprise Solutions, and Fend Cloud.

Data Diodes
Hardware Security

Devices for one-way data transfer to block cyberattacks on networks.

Diode Accessories
Accessories

Supplementary components for enhancing data diode functionality.

Integration Services
Professional Services

Custom setups for deploying data diodes in industrial environments.

Enterprise Solutions
Software Solutions

Comprehensive packages for network monitoring and security management.

Fend Cloud
Cloud Services

Platform for analyzing data from secured networks securely.

Funding Insights of Fend

Fend has successfully raised a total of $1.33M across 10 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $150 thousand completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.33M
  • Total Rounds 10
  • Last Round Debt – Conventional β€” $150,000
  • Investors Count 3

All 10 funding rounds of Fend with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2024$150,000Debt – Conventional––
–
Jul 2023$1.36MGrant––
Apr 2022$1.11MSeries A––
–
Apr 2022–Debt – Conventional––
–
May 2021$15,000Seed––
–
Sep 2019–Seed–Center for Innovative Technology
–
Sep 2019$1.05MGrant––
Jun 2019$200,000Seed––
–
Jul 2018$1.2MGrant––
Jun 2018–Grant––
Valuation history

4 investors in total: 4 institutional.

Investors in Fend

Fend has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include OPSWAT, DOE and OSTI.GOV.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage VC firm funding companies in the US
–cit.orgHerndon, United States
Scientific and technical information is managed and disseminated by OSTI.GOV.
–osti.govOak Ridge, United States
Energy sources and policies are managed by the DOE.
1977energy.gov-
Cloud-based threat protection is provided for security data workflows.
2002opswat.comTampa, United States
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Investor details for Fend

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People of Fend

2 people are tracked at Fend (2 in leadership).

NameRoleGroup
Colin Dunn
Founder & CEOLeadership
E. Christian Hager
Vice President Of Sales & Business DevelopementLeadership
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Timeline of Fend

4 dated milestones of Fend across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Fend is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Debt – Conventional, of $150K.
  4. Exit Acquired by OPSWAT.

Competitors of Fend

Fend has 8 listed competitors in our database, 8 of them funded. They include Armis Security, Upstream Security, Claroty, Ordr and SandboxAQ, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
armis.com2015Palo Alto, United States$737M–
Wireless security platform for IoT applications is provided.
upstream.auto2017Herzliya, Israel$139M–
Connected vehicle fleets are secured via cloud-based cybersecurity platforms.
claroty.com2015New York, United States$732M–
Industrial cybersecurity for IoT systems is delivered through cloud-based solutions.
ordr.net2015Santa Clara, United States$94M62
Security solutions for IoT device vulnerabilities are developed.
sandboxaq.com2022Palo Alto, United States$950M75
Large quantitative models and AI solutions are developed for enterprises.
eclypsium.com2017San Francisco, United States$107.04M25
Endpoint security is provided against firmware and hardware attacks.
keyfactor.com2001Independence, United States$1.22B258
Developer of a cloud based security platform
magiccube.co2014Sunnyvale, United States$25.7M15
IoT security solutions for mobile device transactions are provided.
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Detailed competitors of Fend

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Web traffic of Fend

The website of Fend (fend.tech) receives about 2.7K visits a month.

  • Monthly visits
    2.7K

    ▲ 2.3% vs previous month

Top companies in Industrial IoT & Smart Manufacturing

10 companies that operate in the same segment as Fend (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
Wireless security platform for IoT applications is provided.
2015Palo Alto, California, United StatesUSD 1.17 B––
Blockchain-based connectivity for IoT applications is facilitated.
2017Menlo Park, California, United StatesUSD 50 M––
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M–109
Cloud-based smart locks for residential and commercial access are provided.
2014New York, New York, United StatesUSD 152.78 MUSD 70.12 M266
Keyless smart locks are developed for consumer and commercial applications.
2015Singapore, SingaporeUSD 32.28 M––
Provider of cyber security solutions for asset visibility and threat management
2000San Jose, California, United StatesUSD 120.28 MUSD 4.03 M1,330
Mesh-based connectivity solutions for IoT applications are provided.
2014San Francisco, California, United StatesUSD 90 M––
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Related news about Fend

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Frequently Asked Questions about Fend

Fend was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Fend is headquartered in Arlington, United States. It is registered at Arlington, Virginia, United States.

Colin Dunn is the current CEO of Fend. They have also founded this company.

Fend is a funded company, having raised a total of $1.33M across 10 funding rounds to date.

Provider of cybersecurity solutions for IoT devices. It provides real-time information, alerts, and predictive analytics about equipment status and enables users to remotely monitor them. Its unidirectional security hardware is claimed to use a beam of light to enable the flow of data in one direction and allows operators to transmit equipment status without hackers controlling it, injecting ransomware, or using legacy systems.

Fend's top competitors include Armis Security, Upstream Security and Ordr.

Fend offers Data Diodes, Diode Accessories, Integration Services, Enterprise Solutions, and Fend Cloud.

Fend has 4 investors. Key investors include OPSWAT, DOE, OSTI.GOV, and Center for Innovative Technology.

Fend operates through Fend Incorporated.

Yes. Fend was acquired by OPSWAT in December 2024.

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