Bayshore Networks(R) Receives Strategic Equity Investment

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
80
Bayshore Networks(R) Receives Strategic Equity Investment from Samsung NEXT

BETHESDA, MD --(Marketwired - February 13, 2017) - Bayshore Networks, the cybersecurity leader for the Industrial Internet of Things (IIoT), today announced Samsung NEXT Ventures completed a strategic equity investment in the company's Series A financing. Samsung's investment will help Bayshore Networks continue development of its IoT enablement and security platform.

"Samsung NEXT shares our vision for an internet of things ecosystem strengthened by safety, cybersecurity and other enabling technologies," said Mike Dager, CEO of Bayshore Networks. "Samsung's leadership in IoT and their commitment to developing and supporting solutions that power the IoT world makes us very proud to receive their support."

"Bayshore's management team impressed us with their strong IT and OT experience, and we were encouraged by the company's traction in securing industrial networks from inside," said Raymond Liao, Managing Director at Samsung NEXT Ventures. "Their technologies also fit broader IoT applications which could be of interest to Samsung."

"Bayshore is a recognized innovator in the emerging Industrial IoT cybersecurity market. We led Bayshore's Series A in support of the early leader in a critical market that we believe is largely untapped to date," said Alberto Yépez, managing director of Trident Capital Cybersecurity. "We are happy to have Samsung join us in supporting the development of Bayshore's technology and the company's growth."

About Bayshore Networks, Inc.

Bayshore Networks® is the cybersecurity leader for the Industrial Internet of Things. The Company's award-winning technology unlocks the power of the Industrial Internet by providing enterprises with unprecedented control and visibility into their Operational Technology infrastructure while safely and securely protecting industrial applications, networks, machines, and workers. For more information, visit www.BayshoreNetworks.com

Press Contact Bayshore Networks PR@bayshorenetworks.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Cap Juluca: Caribbean Luxury Redefined on Maundays Bay

Updated Category News Views 0

The Tranquil Call of Maundays Bay Find me dipping my toes in the sands of Maundays Bay come October 10, 2026, and you'll understand why this slice of Anguilla stakes its claim to being the best beach on the globe. Cap Juluca, that crown jewel of Caribbean luxury, swings open its doors once more, promising indulgence framed by turquoise waters and the soft whisper of white...

Continue Reading
Maurices Strengthens Position with Key Refinancing Deal

Updated Category News Views 2

Maurices' Bold Financial Maneuver When a retailer like Maurices, with its near-century-long history, decides to play in the financial arena, it sure makes my ears perk up. This Duluth-based women's fashion retailer isn't just dipping its toes in—it's executing a full-blown refinancing blitzkrieg and coming out stronger. Announcing the completion of its refinancing plan...

Continue Reading
Facility Solutions Group Climbs to Top 18 Electrical Spot

Updated Category News Views 1

FSG Shines Brightly in Electrical Contractor Rankings Climbing the ladder is no easy feat, but Facility Solutions Group (FSG) has managed to climb, all the way to the #18 spot on Electrical Construction & Maintenance (EC&M) magazine's revered list of the Top Electrical Contractors in the U.S. It’s up from their previous rank of 22. When you think about the competitive...

Continue Reading
Sandbox VR Expands to Melbourne, Betting on Immersive Fun

Updated Category News Views 1

Sandbox VR Ventures into Melbourne's Heart Every now and then, a venture takes its ambitions and rolls the dice on a prime location. Sandbox VR is swaggering into Melbourne's bustling Central Business District, fresh out of its success on the Gold Coast. Opening this Melbourne venue on September 14 marks a significant leap in the company's Aussie expansion—a bold nod to...

Continue Reading
Give Lively & Change Simplify CA Nonprofit Compliance

Updated Category News Views 0

A Fresh Wind Blowing for California Nonprofits So, here's a twist in the nonprofit world that's stirring the pot just right. Give Lively and Change have partnered up to tackle the thorny issue of regulatory compliance in California. It's a big win for the nonprofits looking to keep fundraising through Give Lively without getting tangled in the bureaucratic web spun up by...

Continue Reading
MCatalysis Secures $5M to Disrupt Fuel Cost Dynamics

Updated Category News Views 3

Funding Fuels Innovation MCatalysis has just secured a hefty $5 million in seed funding to throw down with the big dogs in energy production. This isn't your regular backyard science project; this company is serious about changing the game with a tech-driven approach that could undercut current fuel prices. HL Energy Ventures and Oxford Science Enterprises are backing...

Continue Reading
South Florida Donor Network Honors 52 Heroic Donors

Updated Category News Views 3

A Heartfelt Tribute to Lifesavers You ever been to a gathering that reminds you how deeply human connections run? That's what happened at The Diplomat Beach Resort in Hollywood. South Florida Donor Network (SFDN) pulled together a ceremony honoring 52 donor heroes whose legacies beat strong through the recipients living thanks to their gifts. An Event Worth Attending...

Continue Reading
Global Communication Works Opens SignlLabs™ AI Licensing

Updated Category News Views 38

AI Signaling Moves Beyond GCW's Own Clients Remember when we first looked at GCW's SignlLabs and the idea of helping brands show up inside ChatGPT, Gemini, Claude, Copilot and Perplexity? Well, Global Communication Works is taking the next step. Instead of keeping its AI Signaling playbook inside the agency walls, GCW is now opening SignlLabs up for licensing

Continue Reading
Wave Kids™ Unveils New Flavors for Kids' Drinks

Updated Category News Views 1

Sparking a Fresh Wave in the Kids' Beverage Market Alright, let me tell you about a new player plowing into the kids' drink scene. Wave Kids™, a brand that's making waves—pun intended—has a fresh lineup that screams 'fun' and 'healthy' in equal measure. Just coinciding with back-to-school season, this Scottsdale, Arizona outfit has rolled out not one or two, but...

Continue Reading
Woodpack Global Unveils Crate Design System: A New Era Begins

Updated Category News Views 1

Innovating the Wooden Crate Landscape An old industry got a much-needed facelift today, folks. Woodpack Global has rolled out Crate Design System™ (CDS)—a snazzy new tool that's shaking up the wooden crate design landscape. It blows the dust off outdated design methods that have been collecting cobwebs since the '60s. That's right, we’re talking about a significant...

Continue Reading

Top 5 Most Recently Viewed Articles

Understanding the Rise of Short Interest in FactSet Systems

Updated Category News Views 162

Understanding Short Interest at FactSet Research Systems Recently, the short percent of float for FactSet Research Systems (NYSE: FDS) has made headlines, rising to 10.87%. This increase translates to approximately 1.74 million shares sold short, reflecting 5.2% of all available trading shares. Analyzing this statistic is vital, as it can encapsulate investor sentiment...

Continue Reading
Understanding the Shift in the AI Market Dynamics

Updated Category News Views 172

Introduction The AI market is witnessing a significant shift, as new competitors emerge and established players find themselves facing unexpected challenges. Recently, Gemini 3 has been recognized as the best-performing AI model, marking a dramatic turn in the competitive landscape. Previously, models developed by OpenAI dominated the charts, but the advancements seen in...

Continue Reading
Key Insights to Enhance Battery Energy Storage Projects

Updated Category News Views 119

Understanding Battery Energy Storage Projects As electricity demand in North America grows significantly, driven by innovations like data centers and increasing energy consumption, utilities and developers are faced with the pressing need for dependable power generation. Battery energy storage has emerged as a pivotal technology, aiding in grid stability and supporting...

Continue Reading
Advancements in Magnesium Processing: The Role of Electropulsing

Updated Category News Views 92

Significant Breakthrough in Magnesium Alloy Processing Researchers at Pusan National University are at the forefront of innovation with their discovery of a groundbreaking heat treatment process for magnesium metals. This exciting research utilizes a T-type specimen to explore how electric pulses boost grain growth in magnesium alloys, marking a significant advancement in...

Continue Reading
Dana Incorporates Leadership Change Amid Strategic Transformation

Updated Category News Views 129

Dana Incorporates Leadership Change Amid Strategic Transformation Dana Incorporated (NYSE: DAN), a prominent name in the drivetrain and e-Propulsion sector, has recently appointed R. Bruce McDonald as its new Chairman and Chief Executive Officer. McDonald has been part of Dana's Board of Directors since 2014 and steps into this critical role following the retirement of...

Continue Reading