Trillium, Inc., a Tokyo, Japan-based auto cybersecurity startup, closed its Series A financing round of undisclosed amount.
Backers included Global Brain, Mizuho Capital and DBJ Capital.
The company intends to use the funds to accelerate development and deployment of its automotive IoT cybersecurity platforms, expand in-vehicle implementation and testing of cyber-security retrofits on current-model connected vehicles, and expand business operations in Silicon Valley establishing a satellite penetration testing and engineering hub in Michigan, USA.
Founded in 2014 and led by David Uze, CEO, Trillium designs and provides custom, multi-layer adaptive cybersecurity systems, focused in the near-term on automotive needs (‘SecureCAR’) – but applicable to the entire IoT spectrum ‘SecureIoT’.
Its Security as a Service real-time-update platforms, which can be sold by automakers or insurers to car owners, will be deployed in beta in early 2018 as full commercialization is expected by 2020.