Tech Company Financing Transactions
Karamba Security Funding Round
On 4/8/2016, Karamba Security announced $2.5 million in Seed funding from YL Ventures and GlenRock Israel.
Transaction Overview
Company Name
Announced On
4/8/2016
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
YL Ventures (Lead Investor) (Yoav Leitersdorf)
Proceeds Purpose
Leitersdorf said he expects Karamba to use the funds for hiring, research and development and to lock in early customers. By next year, he said, Karamba should start inking full-year contracts with major automotive suppliers.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
41000 Woodward Ave. Building East 350
Bloomfield Hills, MI 48304
USA
Bloomfield Hills, MI 48304
USA
Phone
Website
Email Address
Overview
Karamba Security offers ECU endpoint security to protect the connected car. The company hardens the connected Electronic Control Units (ECUs) within automobiles to protect them from cyber attacks and ensure the car's safe, ongoing operations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
David Barzilai
Chief Executive Officer
Ami Dotan
Chief Financial Officer
Idit Mor
Chief Scientific Officer
Assaf Harel
Chief Technical Officer
Guy Sagy
VP - Marketing
Amir Einav
VP - R & D
Tal Ben-David
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Our team works diligently to record funding rounds that are announced publicly. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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