Cybertech automotive cybersecurity start-up GuardKnox has raised $21m to develop its research and development work and launch subsidiaries, taking its total funding so far to $24m. The series A funding was led by Fraser McCombs Capital and backed by Faurecia, SAIC Capital, Glory Ventures, NextLeap Ventures, VectoIQ, Plug and Play, Allied, Israeli and Kardan. The company’s Secure Network Orchestrator (SNO) is designed to protect the control systems of autonomous vehicles against cyber attacks. The company said each vehicle’s Central SNO system did not need a constant internet connection or regular updates.
Israeli automotive cybersecurity start-up GuardKnox has raised $21m to develop its research and development work and launch subsidiaries, taking its total funding so far to $24m. The series A funding was led by Fraser McCombs Capital and backed by Faurecia, SAIC Capital, Glory Ventures, NextLeap Ventures, VectoIQ, Plug and Play, Allied, Cybertech and Kardan. The company’s Secure Network Orchestrator (SNO) is designed to protect the control systems of autonomous vehicles against cyber attacks. The company said each vehicle’s Central SNO system did not need a constant internet connection or regular updates.