C2A raises $6.5M for its in-car cybersecurity platform

TechCrunch | 2/11/2019 | Staff
Click For Photo: https://techcrunch.com/wp-content/uploads/2019/02/GettyImages-971846022.jpg?w=617

Cars are now essentially computers on wheels — and like every computer, they are susceptible to attacks. It’s no surprise then that there’s a growing number of startups that are working to protect a car’s internal systems from these hacks, especially given that the market for automotive cybersecurity could be worth over $900 billion by 2026.

One of these companies is Israel’s C2A Security, which offers an end-to-end security platform for vehicles, which today announced that it has raised a $6.5 million Series A funding round.

Round - Maniv - Mobility - Companies - Hailo

The round was led by Maniv Mobility, which previously invested in companies like Hailo, drive.ai and Turo, and ICV, which has invested in companies like Freightos and Vayyar. OurCrowd’s Labs/02 also participated in this round.

Like most companies at the Series A stage, C2A plans to use the new funding to grow its team, especially on the R&D...
(Excerpt) Read more at: TechCrunch
Wake Up To Breaking News!
The beatings will continue until moral improves.
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!