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ERM advises cybersecurity startup Karamba Security on latest investment round

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.

The closing has received widespread press attention, including in TechCrunch and Business Wire.

High-Tech and Start-Ups and Corporate and M&A practices

Epstein Rosenblum Maoz (ERM)’s high-tech and start-ups and corporate and M&A practices are widely renowned for their cross-border expertise and ERM regularly advises leading Israeli and international clients on the most complex transactions carried out in Israel or by Israeli companies abroad. Please click here to read more about our high-tech and start-ups and corporate and M&A practices.

For further information on this transaction and our technology practice, please contact Nimrod Rosenblum.

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