Deals - 12 April 2018

ERM advises Karamba Security on 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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Publications - 25 July 2023

EU – US Data Privacy Framework and the Judicial Redress Mechanism

As previously reported by ERM [https://bit.ly/43F3uvQ], the European Commission adopted its adequacy decision for the EU-U.S. Data Privacy Framework on 10 July 2023. US companies that are certified under the Data Privacy Framework (“DPF”) may now receive personal data from EU-based data exporters without the need for additional data protection safeguards. One noteworthy change brought by […]

Publications - 12 July 2023

EU Commission Adopts EU-U.S. Data Privacy Framework Adequacy Decision

The European Commission adopted its adequacy decision for the EU-U.S. Data Privacy Framework on 10 July 2023. According to the adequacy decision, “the Commission concludes that the United States ensures an adequate level of protection for personal data transferred under the EU-U.S. Data Privacy Framework from a controller or a processor in the Union to certified […]