Mocana is a Sunnyvale-based company that focuses on and embedded systemsecurity for industrial control systems and the Internet of Things. One of its main products, the IoT Security Platform, is a high-performance, ultra-optimized, OS-independent, high-assurance security platform that is intended to support all device classes. This decoupling of the security implementation from the rest of application development allows for easier development of software for devices comprising the "Internet of Things", in which numerous independent networked devices communicate with each other in various ways. Mocana was originally launched as an embedded systems security company, but as of the early 2010s, the company has shifted its focus to protecting mobile devices and the apps and data on them.
History
Mocana introduced its products in 2004 with a focus on embedded systems security. That same year the company launched Embedded Security Suite, a software product to secure communications between networked devices. In February 2005, while based in Menlo Park, California, the company joined the Freescale Semiconductor Developers Alliance Program, and delivered that group's first security software. In 2008, Mocana was cited as an example of how an independent company could provide security for smartphones. Mocana CEO Adrian Turner published an article in the San Jose Mercury News on the risks associated with non-PC networked devices; and the New York Times reported that Mocana's researchers had "discovered they could hack into a best-selling Internet-ready HDTV model with unsettling ease," and highlighted the opportunity for criminals to intercept information like credit card billing details. Media outlets across the U.S. cited this point in their coverage of the risks associated with advances in technology. Mocana sponsored the 7th Workshop on RFID Security and Privacy at the University of Massachusetts in 2011. It launched the Mobile Application Protection platform in 2011 with support for Android apps, and added iOS app support in 2012. Following a Series D funding round in 2012, total investment in Mocana was $47 million. New CEO James Isaacs replaced Turner in September 2013. Interim CEO Peter Graham replaced Isaacs in April 2016. In April 2016, Mocana spun off its mobile security business to Blue Cedar Networks. William Diotte replaced Graham as CEO in May 2016. Mocana was originally based in San Francisco but moved to Sunnyvale in December 2017.
Products and services
Mocana's IoT Security Platform is a security software suite for embedded systems. The software provides the cryptographic controls for embedded devices and applications. The company also offers customizable user agreements and optional FIPS 140-2 validated cryptographic engines. Access to application source code is not required. The product's design is based in the assumption that many assurances of security from the device and its operating system may be compromised. This obviates the necessity of having "infallible" system-wide security policies. In addition, Mocana offers consulting services, evaluating and advising on security threats in networked devices. In February 2020, Mocana launched "Mocana TrustCenter™", an end-to-end Cyber Protection as a Service for Trustworthy Systems. Mocana TrustCenter 2020 allows global information safety, data security and data exchange to empower the supply chain of silicon chipset designers, suppliers of hardware, certification authorities and operators.
Mocana's investors include Trident Capital, Intel Capital, Shasta Ventures, Southern Cross Venture Partners, and Symantec. As of the August 2012 Series D, a total of $47 million has been raised.
Awards, recognition, and accomplishments
Recognized by Cybercrime Magazine as "Top 10 companies to follow in 2020."
Recognized by Frost & Sullivan as the leading IoT security platform for industrial manufacturing and automation in 2017
Mocana named most innovative security company by Leading Lights in 2017
