SigmaDots

Blockchain-based Cybersecurity Solutions

Cyber Security

Non Active, Mar 2022 ceased to operate

Company Overview

Snapshot

Founded in December 2017, SigmaDots is a cybersecurity firm with 1–10 employees. The company ceased operations in March 2022.

Business overview

SigmaDots develops blockchain-based cybersecurity solutions, utilizing a serverless architecture to enhance scalability, speed, and energy efficiency. Its platform secures various interactions, including transaction validation, user authentication, and data transmission between services, with a focus on interoperability for device manufacturers. The company's technology provides visibility and control over interconnected IoT devices, offering predictive analytics and AI support for a holistic view of IoT environments. SigmaDots operates within the Cyber Security sector, targeting global markets with its B2B business model.

Strategic signal

In February 2020, SigmaDots announced its focus on filling a market gap for robust IoT security by building complete end-to-end IoT cyber protection. This move signaled the company's strategic intent to address critical vulnerabilities in the rapidly expanding IoT landscape, aiming to provide a comprehensive security framework for connected devices and systems.

Company Intelligence Q&A

What is SigmaDots' primary focus?: SigmaDots specializes in blockchain-based cybersecurity solutions, particularly for securing interactions and devices within the Internet of Things (IoT) ecosystem.
When did SigmaDots cease operations?: SigmaDots ceased to operate in March 2022.
What technology does SigmaDots utilize for its security solutions?: SigmaDots utilizes a serverless architecture based on next-generation blockchain technology to secure various interactions and provide visibility over IoT devices.
What was a key strategic initiative for SigmaDots in early 2020?: In February 2020, SigmaDots announced its strategy to address a market gap by developing complete end-to-end IoT cyber protection solutions.
What was SigmaDots' product stage?: SigmaDots' product was in the Alpha stage, indicating it was an early version of the product being tested and refined before wider release.

External links

SigmaDots — full profile (machine-readable)

SigmaDots has developed a serverless architecture based on a next-generation blockchain that goes beyond patching deficiencies of scalability, speed, and energy efficiency. The companys solution utilizes a decentralized architecture designed to mitigate the risk of failures and ensure continuity for service providers. The companys blockchain-based platform secures all types of interactions, including transaction validation, user authentication, transaction approval, transmission of information between services, monetary transactions, and multiple other real-time device interactions. At the same time, SigmaDots offers complete interoperability between device manufacturers and easy system-level integration. Beyond security, SigmaDots enables true visibility and control over networks of interconnected IoT devices, from sensors to insights. With full support for AI and a single pane of glass view, its built-in predictive analytics offers an innovative holistic view of any IoT environment. SigmaDots is part of the Essence Group.

Facts
Name	SigmaDots
One-liner	Blockchain-based Cybersecurity Solutions
Type	Startup
Primary sector	Cyber Security
Founded	2017
Employees	1-10
Employees (exact)	8
HQ / location	Herzliya, Abba Eban Blvd 8, Herzliya, Israel, Center District
Product stage	Alpha
LinkedIn	https://www.linkedin.com/company/18666647
Crunchbase	sigmadots
IL Registrar	514401975

Facts

Name

SigmaDots

One-liner

Blockchain-based Cybersecurity Solutions

Type

Startup

Primary sector

Cyber Security

Founded

2017

Employees

1-10

Employees (exact)

HQ / location

Herzliya, Abba Eban Blvd 8, Herzliya, Israel, Center District

Product stage

Alpha

https://www.linkedin.com/company/18666647

Crunchbase

sigmadots

IL Registrar

514401975

Classification
Sectors	Cyber Security, Cloud Security
Core technology	Artificial Intelligence, Data Storage, DLT & Blockchain
Target customers	Financial Services, Financial Institutions, Enterprise & Professional Services
Business models	B2B
Tags	home-iot, blockchain, smart-home, big-data, artificial-intelligence, cyber-security, home-security, iot

Classification

Sectors

Cyber Security, Cloud Security

Core technology

Artificial Intelligence, Data Storage, DLT & Blockchain

Target customers

Financial Services, Financial Institutions, Enterprise & Professional Services

Business models

B2B

Name	Role	Founder
Yehuda Kaufman	Business Development Director
Shlomi Gvili	Lead Product Manager

Date	Source	Summary
Feb 18, 2020	www.prnewswire.com	Essence SigmaDots Fills Market Gap for Robust IoT Security - Builds Complete End-to-end IoT Cyber Protection
Feb 11, 2020	staceyoniot.com	SigmaDots is building decentralized IoT security for everything - Stacey on IoT Internet of Things news and analysis
May 29, 2019	www.enterprisetimes.co.uk	https://www.enterprisetimes.co.uk/2019/05/29/sigmadots-telit-to-use-blockchain-for-iot-cybersecurity/
Jan 3, 2019	www.businesswire.com	Essence Group Provides Companies Added Security with SigmaDots Solutions
Dec 21, 2018	blog.essence-grp.com	https://blog.essence-grp.com/essence-group-launch-cyber-company-sigmadots-ces/

SigmaDots

Company Overview

Snapshot

Business overview

Strategic signal

Company Intelligence Q&A

External links

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