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Snowball

Fintech · Huangpu, China · Founded 2013

Offers a one-stop a mobile ticketing platform for public transit agencies MoreLess

Snowball (snowballtech.com), also known as Shenzhen Snowball Technology Co., Ltd., operates in the Internet of Things (IoT) security sector, providing a multi-party, collaborative SaaS platform. The company was registered in Shenzhen, China on December 9, 2013. Key figures associated with the company include Ciaran Christopher Fisher as the legal representative and Zhang Jinsong as co-founder and CFO.

The firm's core business is centered on enabling secure collaboration and digital asset management for companies and their contract manufacturers within the IoT space. Its business model appears to be service-based, offering solutions through a Software-as-a-Service platform. The company serves enterprises that require robust security for their IoT devices and ecosystems, functioning as a technical and business bridge between device manufacturers and service providers. It has engaged in funding rounds, including a Series A of ¥10 million from Tencent in September 2014 and a Series B of ¥10 million in June 2015.

Snowball's main offering is an IoT Security platform with several key features. It provides Digital Asset Management for securely handling digital assets across organizations. The platform also includes Secure Provisioning to generate and inject keys for IoT devices at scale, utilizing both edge and cloud Hardware Security Modules (HSMs). Furthermore, Snowball offers integrated security infrastructure services such as PKI (Public Key Infrastructure) as a Service, KMS (Key Management Service) as a Service, and HSM as a Service. The platform is designed to facilitate secure over-the-air (OTA) management for device updates and maintenance in the field. The system is built on a Zero Trust architecture and emphasizes integration flexibility and customer-centric solutions.

Keywords: IoT security, SaaS, digital asset management, secure provisioning, key management service, hardware security module, PKI as a Service, secure device management, cross-organization collaboration, secure key injection, device certificate management, encrypted firmware, zero trust architecture, edge HSM, cloud HSM, IoT ecosystem, multi-party platform, Shenzhen, China tech

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Source: Dealroom Talent Intelligence.

Investors

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Series A 1 investor entered at this stage
Huami

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