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Start-ups in India: Border security startup CRON System gets funding from YourNest

Start-ups in India: Border security startup CRON System gets funding from YourNest

India Blooms News Service | | 23 Jan 2017, 04:01 pm
New Delhi, Jan 23 (IBNS): YourNest, an early stage venture capital firm, has invested an undisclosed amount in defence Internet-of-Things (IoT) start-up CRON Systems, according to media reports.

The border security start up will receive a pre-series A round funding for research and development and hiring of talent, from the investing firm's new fund, YourNest India VC Fund, which was launched in Sep with a Rs 300-crore corpus., media reported.

The firm develops Internet-of-things (IoT) based intrusion detection systems and perimeter protection solutions including laser walls, surveillance drones, and a command-and-control dashboard connected by an independent and encrypted communication network for defence, reported ET Tech.

"Our initial product line and first line of defence - the KV product line powered by Infrared and Laser - offers all terrain all weather breach notification, has already been implemented in the Indo - Pak border and is receiving high praises from the Border Security Forces. Currently, CRON System is working on it’s next product line - Automated Drones and Smart Fencing - that will add an additional layer of defence to our boarders and critical facilities." the company said in its website.

Image: CRON Systems website

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