FatSkunk Raises $250K in Funding
FatSkunk, a San Diego, CA-based provider of a software solution for mobile malware detection, has raised $250k in funding.
The company received the capital as part of the QualcommLabs@EvoNexus initiative, a Qualcomm Labs sponsored incubation program.
The company intends to use the proceeds to further its product development to bring it to market via strategic partners. FatSkunk is also hiring.
In addition to funding, the company will receive free accommodation within EvoNexus’ office locations, which can be up to two years, and will work with mentors on developing their products and technologies into viable businesses.
Led by Mark Grandcolas (CEO), Dr. Markus Jakobsson (CTO), and Karl-Anders Johansson, (VP of Engineering), FatSkunk uses principles of physics to detect malware, not heuristics or signatures with no need for OTA signature updates from carriers.
The company’s product dynamically scans devices e-readers, phones, game consoles, tablets, settop boxes, voting machines, cash registers, vehicular infotainment systems, nuclear warheads, etc.) for infection.
They currently have a beta product demonstrable on Android, but it is operating system agnostic.