Embedded cybersecurity leader Exein has secured $117.3 million in new funding, bringing its 2025 total to an impressive $200 million. The round, led by Blue Cloud Ventures, includes HV Capital, Intrepid Growth Partners, Geodesic, and J.P. Morgan. This capital will fuel global expansion, strategic acquisitions, and the development of next-generation AI security.
A Year of Unprecedented Growth
This milestone follows a $82 million Series C in July, highlighting a period of hyper-growth for the Rome-based firm. Exein reported a fivefold year-on-year revenue increase, driven by an expanding customer base in critical infrastructure and manufacturing. These achievements cement its position as the world's largest embedded runtime security provider by devices protected.
The company's valuation has nearly doubled in five months, reflecting strong commercial performance and surging market demand. Key partnerships with industry giants like Kontron and MediaTek have bolstered its market leadership. This funding round significantly outpaces other cybersecurity investments in Europe this year, placing Exein at the top of the sector.
Fueling Global Expansion and Innovation
A significant portion of the capital will support a multi-deal M&A program in 2026 across Europe and the United States. This strategy aims to consolidate market presence and acquire complementary technologies to enhance its security platform. The funding also accelerates international expansion, with a sharp focus on the US and APAC markets.
Exein is also investing heavily in its next-generation security solutions, targeting AI infrastructure and large language models (LLMs). The company plans to unveil this breakthrough technology at the prestigious RSAC 2026 conference. This initiative supports its goal of building a "digital immune system" for the connected world, as stated by its CEO.
A New Paradigm for Device Security
The industry is seeing a critical shift as cyberattacks increasingly target the physical world, disrupting essential services like hospitals and transport. Consequently, manufacturers are moving from traditional perimeter defenses to protection embedded directly within devices. Exein's technology directly addresses this evolving threat landscape by securing devices from the inside.
Exein’s platform embeds AI-powered runtime security into device firmware, enabling real-time threat detection and response without constant connectivity. This approach provides manufacturers with deeper supply chain integrity and provenance checks. It also ensures compliance with emerging global regulations like the EU Cyber Resilience Act and the US Cyber Trust Mark.
Investor Confidence in a Critical Mission
Investors have shown strong confidence in Exein's mission to secure the world's largest and most vulnerable attack surface. Rami Rahal of Blue Cloud Ventures noted that Exein’s on-device defense is what the market needs as cyber threats impact the physical realm. This backing validates the company's approach to building a digital immune system for future infrastructure.
Support from J.P. Morgan underscores the importance of securing connected devices for modern societal resilience. Max Hauer of J.P. Morgan stated that Exein is playing a pivotal role in this essential task. This broad investor support signals a strong belief in the company's strategy as it enters its next growth phase.
This $117.3 million funding round is a pivotal moment for Exein, equipping it to redefine embedded security globally. With plans for strategic acquisitions, AI security innovation, and aggressive market expansion, the company is poised for continued leadership. Exein's trajectory highlights its vital role in protecting the interconnected infrastructure that underpins modern society.