Fundraising FoxAsimily
Sunnyvale, US · Founded 2017 · Delaware corporation · 7 known investors
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Asimily provides an exposure management platform that inventories, prioritizes, and mitigates cybersecurity risk across IoMT, IoT, IT, and OT devices. It offers device visibility, MITRE ATT&CK-based vulnerability analysis, network segmentation orchestration, patching, and threat detection to help organizations meet compliance requirements such as HIPAA, FDA, and NIST.
Founders & leadership
Asimily was founded in 2017 by Shankar Somasundaram and Hithesh Nama.
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Shankar SomasundaramCEO and FounderFounder and CEO of Asimily, a cybersecurity risk management platform for IoT and connected medical devices. His background spans corporate development, business development, product management, and enterprise software.
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Hithesh NamaCo-founderHithesh Nama is a networking and algorithms engineer with experience in wireless systems design, deployment, and optimization including LTE/LAA/UMTS networks, network provisioning platforms, and machine learning applications. He has worked on carrier-grade wireless network infrastructure, embedded software optimization, and holds multiple patents in networking technologies.
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Hank BarryNamed on SEC filing
Board
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Investors · 7
Engineering Capitallisted by Engineering CapitalMenlo Park · $100K – $10Mvia Ashmeet Sidana · inferred
How we know: Engineering Capital's portfolio page · Not right? Tell us
Inventus Capital Partnerslisted by Inventus Capital PartnersSilicon Valley · $3M – $4Mvia John Dougery · board
How we know: board seat on SEC Form D · Not right? Tell us
MemorialCare Innovation Fundlisted by MemorialCare Innovation FundLong Beach
How we know: MemorialCare Innovation Fund's portfolio page · funding news · press coverage · Not right? Tell us
Plug and Play Ventureslisted by Plug and Play VenturesSilicon Valley · $50K – $400K
How we know: plugandplaytechcenter.com · Not right? Tell us
Ridge VenturesreportedSan Francisco · $2M – $7M
How we know: funding news · Not right? Tell us
Also in the syndicate · 1
RidgeVC
Reported raises · per SEC filings
Form D private placements$11.7M disclosed across 2 of 3 rounds · 2020–2022
▶$8.7MraisedAug 2021 · 9 investors · OtherRule 506(b)
▶$8.7MraisedAug 2021 · 9 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Michael BrownDirector
- Brendan BakerDirector
- Hank BarryExecutive Officer
- Shankar SomasundaramExecutive Officer, Director
- John DougeryDirector
- Offering amount
- $10M
- Amount sold
- $8.7M
- First sale
- Jul 2021
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$3.1MraisedApr 2020 · 10 investors · OtherRule 506(b)
▶$3.1MraisedApr 2020 · 10 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- John DougeryDirector
- Michael BrownDirector
- Hithesh NamaExecutive Officer
- Shankar SomasundaramExecutive Officer, Director
- Offering amount
- $3.3M
- Amount sold
- $3.1M
- First sale
- Mar 2020
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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In the news
Frequently asked questions
- What does Asimily do?
- Asimily provides an exposure management platform that inventories, prioritizes, and mitigates cybersecurity risk across IoMT, IoT, IT, and OT devices. It offers device visibility, MITRE ATT&CK-based vulnerability analysis, network segmentation orchestration, patching, and threat detection to help organizations meet compliance requirements such as HIPAA, FDA, and NIST.
- Who founded Asimily?
- Asimily was founded by Shankar Somasundaram, Hithesh Nama in 2017.
- Who are Asimily's investors?
- Asimily's investors include Eileses Capital, Engineering Capital, Inventus Capital Partners, MemorialCare Innovation Fund, Plug and Play Ventures, Ridge Ventures.
- How much funding has Asimily raised?
- Asimily has disclosed $11.7M raised across 2 of its 3 known rounds.
- Where is Asimily headquartered?
- Asimily is headquartered in Sunnyvale, US.