Snowball

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.