# Mocana Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mocana

- Industry: IT Security/Cybersecurity
- Headquarters: San Francisco, US
- Website: www.mocana.com
- Total disclosed funding: $86M
- Latest round: Series F (May 2, 2017)
- Investors on record: 9

## About

Mocana Corporation specializes in digital trust solutions, focusing on cryptographic security for Internet of Things (IoT) devices, ensuring secure connections and compliance across various applications.Founded in 2002, Mocana Corporation is based in San Francisco, US, and has focused on delivering security solutions for IoT devices. The company was acquired by DigiCert, Inc. in January 2022, aimed at enhancing DigiCert's foothold in the IoT sector. The founder, Dima Said, has played a crucial role in shaping the company's trajectory. Mocana has received a total of USD 15.00 mn in funding, with the latest funding round being announced in January 2022.Mocana Corporation provides advanced digital trust solutions that focus on cryptographic security specifically for IoT devices and applications. Key offerings include the DigiCert TrustCore SDK, which supports secure IoT development through a flexible architecture and extensive cryptographic functionalities. The SDK allows integration across various hardware platforms and programming languages, enhancing data privacy and ensuring compliance with regulatory standards. Additional products include TLS/SSL certificates, document signing, code signing, and various email and mark certificates, catering to a diverse clientele including OEMs, enterprises, and developers in sectors such as healthcare, smart cities, and consumer electronics.Mocana generates revenue through subscription-based services and direct sales of its digital trust solutions. Transactions typically involve certificate issuance and management services, including annual renewals of TLS/SSL certificates and one-time purchases for document and code signing. The pricing structure is tiered based on service type and volume, enabling businesses to select appropriate plans for their security needs. Long-term partnerships with clients further bolster revenue as they rely on continuous support to maintain secure environments.Following its acquisition by DigiCert in January 2022, Mocana Corporation aims to expand its product offerings in the IoT security domain, with a strategic focus on enhancing its current solutions and potentially launching new products tailored to emerging market needs. The acquisition will significantly enhance DigiCert’s capabilities in the rapidly evolving IoT market, enabling targeted expansion into new regions, particularly in North America and Asia-Pacific, by leveraging the combined resources and expertise. The funding received will be utilized to accelerate the development of these initiatives, ensuring a robust response to growing security demands in IoT applications.

## Funding rounds

- Series F, May 2, 2017, $11M — Trident Capital, Shasta Ventures, Sway Capital, GE Ventures
- Series E, Jul 13, 2015, $15M — Sway Capital
- Series D, Dec 12, 2013, $16M — GE Capital, Equity, Trident Capital, Shasta Ventures, Southern Cross Venture Partners, NortonLifeLock Inc.
- Series D, Jul 10, 2012, $25M — Trident Capital, Intel Capital, Shasta Ventures, Southern Cross Venture Partners, NortonLifeLock Inc.
- Series C, Mar 2, 2010, $6.5M — Shasta Ventures, Southern Cross Venture Partners, NortonLifeLock Inc.
- Series B, Oct 7, 2008, $0.6M — Shasta Ventures, Southern Cross Venture Partners
- Series B, Jun 16, 2008, $7M — Shasta Ventures, Southern Cross Venture Partners
- Series A, Mar 28, 2007, $1.5M — Shasta Ventures
- Series A, Sep 15, 2006, $3.6M — Shasta Ventures
- Seed, Apr 1, 2006 — SV Angel

## Investors

- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Series A, Series B, Series C, Series D, Series F
- Southern Cross Venture Partners (https://capitalatlas.ai/funds/southern-cross-venture-partners) — Series B, Series C, Series D
- NortonLifeLock Inc. — Series C, Series D
- Trident Capital (https://capitalatlas.ai/funds/trident-capital) — Series D, Series F
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series D
- GE Capital, Equity (https://capitalatlas.ai/funds/ge-capital-equity) — Series D
- Sway Capital (https://capitalatlas.ai/funds/sway-capital) — Series E, Series F
- GE Ventures — Series F