ERM has represented Karamba Security on its latest investment round, in which it has raised US$12m from a number of strategic and financial investors, which include: YL Ventures, Fontinalis Partners, GlenRock Israel, Paladin Capital Group, Liberty Mutual Strategic Ventures, Presidio Ventures and Asgent, Inc.
This latest funding brings the total raised by the company to approx. $17m. ERM has been advising Karamba Security since its incorporation.
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.
For media coverage of the investment, please click here.
High-Tech and Start-ups practice
Epstein Rosenblum Maoz (ERM)’s high-tech and start-ups practice regularly provides legal advice to leading Israeli and international clients from pre-incorporation through to exit, as well as on the most complex transactions carried out in Israel and abroad.