TechCrunch Disrupt Battlefield alum Perizzi helps secure building operations

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While TechCrunch Disrupt Battlefield 2022 is still fresh in our minds, members of the 2020 group Perizzi are helping companies secure their building operations elements. It looks at things like HVAC, elevators and sensors; Keeping patches up-to-date and searching for vulnerabilities.

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Today the company announced a $4.75 million seed round, and the general availability of its self-service tier, which lets companies get started with a product without having to interact with a sales team.

Former NSA employee Molly Breen developed the idea for her startup as a student at Harvard Business School. “Perizi is a lightweight, complete platform for IoT (Internet of Things) and OT (operational technology) devices,” Breen told TechCrunch.

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She sees time as one of the key differentiators of the company. “We are measuring value in minutes, not months, and we are full, so we are bringing together many different security tools across the entire security stack, from anomaly detection to vulnerability detection.”

She says the devices her company sees as secure are harder to track because they are often outside the purview of IT or security teams, yet they interact with the network, and they are vulnerable to attack. can. This leads to the security blind spot on which Perizzi is trying to shed some light.

“What we saw over the past 24 months is that these blind spots are not unique to just HVAC devices and security cameras. This really applies to all devices. So every IoT-OT device has a physical presence that is known to be a reality. Some are managed by a non-security stakeholder, be it facilities or a member of an operations team such as an industrial engineer on the manufacturing floor or a clinical engineer on the hospital floor,” she said.

To help move forward faster, the company has created a no-code workflow tool to automate common security tasks like patching. Automation helps facilitate coordination between these often separate teams from building and facilities operations and network and security teams to ensure that these tasks do not fall between the cracks.

Perizzi Workflow and Data Screen.

image credit: perigee

Today, the product is handling 30,000 devices, and the startup has 7 employees. Breen says that as a female founder, she especially knows how to build a diverse company from cap table to board to workforce.

When we talked to her about her $1.75 million pre-seed round in late 2020, she said she’s actively reaching out to diverse talent on LinkedIn, but she recognizes that as the company grows , it is not a scalable method.

“We are looking at our pipeline and looking at the diversity metrics within it. And then I think when we’re thinking about getting hired, we tend to have really honest conversations internally, where we can be biased. I like to be in those rooms because I like to think of myself as someone who has a particular pulse where prejudice, especially toward female candidates, can show up and how we make sure we’re not Not applying those biases to our pipeline,” she said.

Today’s seed round was led by Ballistic Ventures with the help of BBG Ventures, a firm that supports female founders and early-stage startups with multiple industry angels. The company has raised $6.35 million so far.



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