Israeli Auto Cybersecurity Karamba Security Raises $10M
By NoCamels Team April 11, 2018 < 1 minute
April 11, 2018 | Karamba Security, an international provider of end-to-end automotive cybersecurity prevention solutions, announced Tuesday they have raised $10 million in funding from the US venture debt firm Western Technology Investment (WTI.) This brings Karamba Security’s total investment to $27 million. The company will use the money raised to acquire companies and technology assets to accelerate its Autonomous Security portfolio and address the growing demand for Karamba solutions. Founded in 2015, the Hod HaSharon-based company provides industry-leading automotive cybersecurity solutions for autonomous and connected cars. Security software products created by the company include Carwall and SafeCAN.
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