Slock.it

Mittweida, Germany Founded: 2015 • Age: 11 yrs Acquired By Blockchains
Blockchain-based security solutions for IoT devices are developed.
Annual revenue - Latest available
Total funding $2.0M 1 rounds
Employees 52 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Slock.it

Slock.it is a company based in Mittweida (Germany) founded in 2015 was acquired by Blockchains in June 2019. Slock.it has raised $2 million across 1 funding round from investors including Blockchains. The company has 52 employees as of December 31, 2020. Slock.it operates in a competitive market with competitors including Armis Security, Upstream Security, Medigate, Ordr and Claroty, among others.

  • Headquarter Mittweida, Germany
  • Employees 52 as on 31 Dec, 2020
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Blockchains, Inc
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2 M (USD), Seed

    Mar 29, 2017

  • Investors
  • Employee Count
    52

    as on Dec 31, 2020

  • Acquired by
    Blockchains

    (Jun 03, 2019)

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Funding Insights of Slock.it

Slock.it has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in March 2017. 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.

Investors in Slock.it

Slock.it has secured backing from 1 investor. Prominent investors backing the company include Blockchains.

All
Investor Description Founded Year Domain Location
Blockchain development services are provided to clients worldwide.
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Investor details for Slock.it

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Investments & Acquisitions by Slock.it

Investments
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Financial Statements - Slock.it

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Slock.It Comparisons

Slock.it Primary company
Description
Blockchain-based security solutions for IoT devices are deve...
Location
Mittweida, Germany
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
52
As of 2020
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Peer comparison for Slock.it

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Competitors of Slock.it

Slock.it operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Armis Security, Upstream Security, Medigate, Ordr and Claroty, among others.

Company Name Domain Founded year HQ Location Description
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Wireless security platform for IoT applications is provided.
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Connected vehicle fleets are secured via cloud-based cybersecurity platforms.
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Medical device security is delivered via cloud and IoT monitoring.
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Security solutions for IoT device vulnerabilities are developed.
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Industrial cybersecurity for IoT systems is delivered through cloud-based solutions.
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Endpoint security is provided against firmware and hardware attacks.
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Detailed competitors of Slock.it

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Latest news on Slock.It

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Frequently Asked Questions about Slock.it

Slock.it was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Slock.it is headquartered in Mittweida, Germany. It is registered at Mittweida, Saxony, Germany.

Slock.it is a funded company, having raised a total of $2M across 1 funding round to date.

As of Dec 31, 2020, the latest employee count at Slock.it is 52.

Founded in 2015 in Mittweida, Germany, Slock.it focuses on the blockchain sector for IoT security. Ethereum light nodes are integrated into connected cars, homes, and shared appliances to support peer-to-peer renting, selling, and sharing of assets without intermediaries. An infrastructure network for electric vehicle charging stations has been established, enabling automated authentication and billing processes across operations.

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

Slock.it has 1 investor. Key investors include Blockchains.

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