Dellfer Raises $8M in Series A Funding

Dellfer

Dellfer, a San Mateo, Calif.-based automotive and IoT cybersecurity software company, raised $8m in Series A funding.

Backers included DENSO, a mobility supplier, and Option3, a specialist cybersecurity private equity firm. In conjunction with the funding, DENSO and Option3 will jointly take control of Dellfer’s board, with Option3’s Operating Partner Lisa Donnan stepping into the role of Chairman.

The two companies will provide operational and sales channel support, with Donnan also guiding the company through its acceleration to market in the core automotive sector, and early introduction into new sectors.

Led by James Blaisdell, co-founder and CEO, Dellfer Dellfer is an automotive and IoT cybersecurity software company empowering automotive leaders to build security into connected vehicles, protect against unknown threats, and thwart intrusions with visibility, speed, and accuracy.

FinSMEs

19/10/2021