Ordr, a connected device security startup, has raised USD 40 million in a Series C funding round, co-led by Battery Ventures and Ten Eleven Ventures, with participation from Northgate Capital, Wing Venture Capital, Unusual Ventures, Kaiser Permanente Ventures, Mayo Clinic, and several other angel investors. Ordr’s total funding now stands at more than USD 90 million.

The funds will be utilized to accelerate its sales and marketing efforts, especially in vertical markets such as healthcare, manufacturing, and financial services, expand its channel and partnership programs, invest in customer success, expand integrations with leading security solutions, and double its employee headcount of 80 across the marketing, customer success, and engineering departments within the following year.

Ordr experienced over 140% YoY growth in new customer revenue for the quarter ended March 2022. The company serves more than 500 customers, which includes federal, state, and local governments. The platform is deployed in three of the top six global hospitals and in more than 150 manufacturing sites.