ERM has represented Karamba Security, a startup selected by Forbes Israel as one of Israel’s Top 10 Most Promising Cybersecurity Companies, on its raising of $2.5 million in a new Series A funding led by Fontinalis Partners, with participation from existing investors YL Ventures and GlenRock.
Karamba develops industry-leading autonomous cybersecurity solutions for connected and autonomous vehicles and the latest round follows the $2.5 million in funding they received earlier this year which our technology team also acted on.
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For further information on this transaction and our technology practice, please contact Nimrod Rosenblum.