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ERM represented Karamba Security in a $USD 10 million debt funding

ERM is proud to have represented Karamba Security in a $USD 10 million debt funding from Silicon Valley based venture debt firm – Western Technology Investment (WTI). This brings the total investment in Karamba Security to $27 million.

ERM has represented Karamba Security since its incorporation in 2016. Karamba Security is widely regarded to be one of Israel’s most promising startups, with innovative cyber security products geared toward the automotive, medical devices and IoT industries.

Nimrod Rosenblum, Head of our Corporate/M&A department led the team that included ERM partner Itai Yonai and associates Galit Farkash and Lev Rich.

 

For media coverage of the investment, please click here.

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