SAM Seamless, a cybersecurity provider for internet of things (IoT) devices, raised USD 20 million in Series B funding led by Blackberry and Verizon Ventures, along with participation from Blumberg Capital, Intel Capital, ADT, and NightDragon. The company’s total funding following this investment stands at USD 35.5 million.

The company expects to use the funding to accelerate the growth of its product. More specifically, it aims to advance its offering by taking full advantage of 5G edge computing architecture to make faster security decisions for IoT devices.

SAM Seamless currently protects 2 million networks that cover 70 million devices globally. By the end of 2021, the company expects to grow this number to 10 million networks and 500 million devices.

Founded in 2016, SAM Seamless offers a device-agnostic solution for the security of IoT devices for consumers and small businesses. The company’s approach employs behavioral techniques and machine learning to detect and prevent threats to smart devices. Its solution is also available to mobile operators and gateway manufacturers to enable the security of the network devices provided to customers.