Finite State raises $27 million for device security and international expansion

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Published Thursday, November 12, 2026 · 11:19 PM EST

Finite State raised $27 million in Series C funding to expand its product security platform and international operations. Private funds managed by The O.H.I.O. Fund led the round, with participation from CIBC Innovation Banking, Energy Impact Partners, Energize Capital and National Grid Partners. The company says its platform inspects compiled software and firmware inside manufactured products, helping manufacturers identify vulnerabilities in what they ship rather than relying exclusively on development records. It also generates software bills of materials and compliance evidence. The financing will support further development of autonomous vulnerability detection and remediation capabilities for industries including automotive, medical devices and critical infrastructure.

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