CRON Systems’s current product line includes integrated intrusion detection and smart fencing solution, comprising laser walls and surveillance drones

CRON Systems, a defence Internet of Things (IoT) startup based out of Delhi, has raised an undisclosed money in pre-Series A funding from early-stage VC fund YourNest.

The capital infusion will help the startup to strengthen R&D, hire talent and explore new markets across the Middle East, Africa and Europe.

CRON was founded in 2015 by Tushar Chhabra, Saurav Agarwala and Tommy Katzenellenbogen. It develops IoT and laser-guided intrusion detection systems that can distinguish and report both human and mechanical intrusions. The startup claims it combines deep research in lasers, data, Artificial Intelligence (AI), encrypted communications and automation to offer an accurate and intruder detection and deterrence infrastructure.

The IoT startup’s current product line includes integrated intrusion detection and smart fencing solution, comprising laser walls and surveillance drones. It recently partnered with an Israeli company to develop automated patrolling rovers and trucks that can help save costly human lives on the borders.

The scope of perimeter security is huge globally, with nations and organisations spending billions of dollars annually to secure their borders. CRON is eyeing both defence and commercial markets for its offerings. Its first aim is to secure India’s 15,000 km long border, where its products can improve counter-insurgency measures. It has bagged orders from the Border Security Force (BSF) and the Indian Army to install its products to secure the international borders as well as perimeter of sensitive installations like army camps, airports etc.

On the commercial side, CRON is targeting 4,500-plus warehouses across the country, followed by IT parks, housing societies and estates, which are a massive untapped market opportunity. It has already done a pilot with a leading e-commerce company to secure one of its warehouses.

Also Read: Despite tight regulations, this startup looks to fly drones on Indian airspace soon

“At CRON, we have developed one of the most sophisticated and accurate perimeter security systems in the world. It has multiple elements, all of which combine to offer impenetrable surveillance to any kind of facility/border. We have seen tremendous response for our products from different quarters and will continue to innovate further,” said CEO Chhabra.

Founded in April 2011, YourNest is an early-stage fund that invests in the new connected economy represented by the IoT, electronic system design, AI, advanced robotics, enterprise software and mobile internet. Its portfolio consists of 16 companies, including Uniphore Software, mycity4kids, Rubique, Arya.ai, Smart Software Testing Solutions Inc, Simpli5d, SmartQ, seeDoc, Fashalot, aahaa stores, MoMark, and GolfLAN.

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