Karamba Security, an Ann Arbor, Michigan-based developer of autonomous cybersecurity solutions for connected and autonomous vehicles, secured $2.5m in funding round.
The round was led by Fontinalis Partners with participation from existing investors YL Ventures and GlenRock. In conjunction with the funding, Chris Thomas, a founder and partner at Fontinalis Partners, will join Karamba’s board.
The company intends to use the funds to continue to develop the platform.
Led by Ami Dotan, CEO and co-founder, Karamba Security provides autonomous cybersecurity solutions for connected and autonomous vehicles. Its software products automatically enforce the electronic control units (ECUs) of connected and autonomous cars, preventing hackers from manipulating and compromising them and hacking into the car.