# Innominate Security Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/innominate-security-technologies

- Industry: IT Security/Cybersecurity
- Headquarters: Berlin, Germany
- Website: www.innominate.com
- Total disclosed funding: $5.4M
- Latest round: Series B (Jan 11, 2005)
- Investors on record: 2

## About

Innominate Security Technologies AG specializes in providing robust security solutions for network infrastructures, focusing on advanced protection against cyber threats and ensuring data integrity for its clients.Innominate Security Technologies AG is a company that delivers security technologies for networks, primarily serving clients that require enhanced cybersecurity measures. The company was acquired by Phoenix Contact GmbH & Co. KG in April 2008 for an undisclosed amount. The headquarters is located in Berlin, Germany. Frank Stührenberg serves as the CEO, leading the company towards innovative security solutions. The company has attracted investment, most recently raising EUR 4.000 mn in a Series B round led by Deutsche Venture Capital, contributing to a total amount raised of EUR 4.000 mn.Innominate Security Technologies AG offers an array of products aimed at securing network infrastructures. Their offerings focus on advanced security solutions, including technology designed to protect against cyber threats, ensuring data integrity and compliance for clients across various sectors. The company's solutions are tailored to meet specific security needs, providing comprehensive protection that aligns with industry standards.Innominate Security Technologies AG generates revenue primarily through direct sales of their security solutions. Their business model is structured around B2B engagements, enabling partnerships with distributors to expand market access. Revenue is derived from individual sales and long-term contracts, ensuring reliable supply for ongoing projects within sectors that prioritize cybersecurity and data protection. The pricing strategy reflects the advanced technology involved, positioning the company as a trusted provider in the cybersecurity market.Innominate Security Technologies AG plans to enhance its product lineup with new technologies designed to counter emerging cyber threats and is targeting releases in the upcoming year. The company aims to expand its market presence into North America and parts of Asia by 2025, leveraging recent funding from the Series B round to support product development and market entry strategies. The acquisition by Phoenix Contact GmbH & Co. KG has provided additional resources to bolster these initiatives, ensuring a strategic approach to growth.

## Funding rounds

- Series B, Jan 11, 2005, $5.4M — TecVenture Partners, Deutsche Venture Capital

## Investors

- TecVenture Partners (https://capitalatlas.ai/funds/tecventure-partners) — Series B
- Deutsche Venture Capital (https://capitalatlas.ai/funds/deutsche-venture-capital) — Series B