Betting On IoT: 10 Startups That Landed Funding This Spring


Houston's PAS, a security firm focused on industrial control systems, in April announced it has raised $40 million as the company looks to expand its channel program for operational technology security.

PAS, which provides security for industrial control systems – including distributed control systems, programmable logic controllers, turbo machinery controls, and compressor control systems – wants to broaden its sales approach and involve new system integrators.

PAS received its $40 million growth investment from Tinicum, a private investment partnership focused on late stage investments in manufacturing, energy, technology and infrastructure.