About
SigmaDots has developed a serverless architecture based on a next-generation blockchain that goes beyond patching deficiencies of scalability, speed, and energy efficiency. The companys solution utilizes a decentralized architecture designed to mitigate the risk of failures and ensure continuity for service providers. The companys blockchain-based platform secures all types of interactions, including transaction validation, user authentication, transaction approval, transmission of information between services, monetary transactions, and multiple other real-time device interactions. At the same time, SigmaDots offers complete interoperability between device manufacturers and easy system-level integration. Beyond security, SigmaDots enables true visibility and control over networks of interconnected IoT devices, from sensors to insights. With full support for AI and a single pane of glass view, its built-in predictive analytics offers an innovative holistic view of any IoT environment. SigmaDots is part of the Essence Group.
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is the operational status of SigmaDots?
- SigmaDots is currently inactive, having ceased operations in March 2022.
- When was SigmaDots founded?
- SigmaDots was founded in December 2017.
- What was SigmaDots' primary focus?
- SigmaDots focused on blockchain-based cybersecurity solutions, specifically developing a serverless architecture for next-generation blockchain to enhance scalability, speed, and energy efficiency, and secure IoT device interactions.
- What was SigmaDots' employee count?
- SigmaDots had 8 employees.
- What was SigmaDots' relationship with Essence Group?
- SigmaDots was part of the Essence Group.
- Did SigmaDots raise any funding?
- According to startupim data, SigmaDots did not raise any funding, with a total raised amount of $0 USD.
- What was a notable partnership for SigmaDots in 2019?
- In May 2019, SigmaDots partnered with Telit to use blockchain for IoT cybersecurity.
- What was a key announcement from Essence SigmaDots in February 2020?
- In February 2020, Essence SigmaDots announced it was addressing the market gap for robust IoT security by building complete end-to-end IoT cyber protection.