News &

Press Releases

Karamba Security Closes $12M in Series B Financing, Seven Months after Raising A Round, Driven by Market Demand for its Preventive Approach to Automotive Cybersecurity

Investors’ excitement in broad market traction brings total funding in one year to $17M

ANN ARBOR, Michigan and HOD HASHARON, Israel — May 16, 2017 — Karamba Security, a provider of cybersecurity solutions for connected and autonomous vehicles, today announced $12 million in Series B funding, bringing total investment in the company to $17 million, one year after closing a seed round.

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IAV and Karamba Security to Demonstrate Risks to Hacked Vehicles and How to Block Them at Munich Automotive Ethernet Congress

BERLIN, Germany, DETROIT, NORTHVILLE, Michigan AND HOD HASHARON, Israel—Feb. 7, 2017 IAV, a world-leading provider of automotive engineering services, and Karamba Security, a provider of autonomous cybersecurity for connected vehicles, will demonstrate the potential risks to hacked vehicles-and how to block them-at the 3rd Automotive Ethernet Congress, Feb.7-8, 2017 in Munich.

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Karamba Security CEO Chosen to Accompany Michigan Governor Rick Snyder on Israeli Cybertech Mission

HOD HASHARON, Israel and ANN ARBOR, Michigan—Jan. 12, 2017Karamba Security, a provider of autonomous cybersecurity software for connected and autonomous vehicles, today announced that its CEO Ami Dotan has been chosen to join Michigan Governor Rick Snyder’s delegation to Israel. Governor Snyder will also be a keynote speaker at Cybertech Israel, Jan. 30 - Feb. 1, 2017.

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Karamba Security and FEV Demonstrate at CES How to Keep Self-Driving Cars Safe from Hackers

HOD HASHARON, Israel and ANN ARBOR, Michigan—December 27, 2016Karamba Security, a provider of zero false positive autonomous cybersecurity solutions for connected and autonomous vehicles and FEV, a leader in the development and testing of electronics systems and subsystems for Advanced Driver Assisted Systems (ADAS), have partnered to demonstrate how their joint cybersecurity technology solutions can keep self-driving cars safe from hackers.

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Karamba Security Announces Strategic Investment from Fontinalis Partners

HOD HASHARON, Israel and DETROIT, Michigan—September 29, 2016Karamba Security, a company that develops industry-leading autonomous cybersecurity solutions for connected and autonomous vehicles, has secured an investment from Fontinalis Partners, a firm solely focused on investing in and scaling technology companies that are advancing next-generation mobility solutions. Fontinalis Partners led the $2.5 million round, with participation from existing investors YL Ventures and GlenRock.

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Karamba Security Launches Autonomous Security for Cars, Empowering Electronic Control Units (ECUs) to Protect Themselves Against Hackers, Including Tesla-type In-memory Attacks

Expanded Carwall product suite addresses Department of Transportation cybersecurity technology guidelines for autonomous and connected cars; blocks recent Teslatype hacks

HOD HASHARON, Israel and DETROIT, Michigan—September 29, 2016Karamba Security today announced Autonomous Security for connected and autonomous vehicles, which empowers their electronic control units (ECUs) to protect themselves from hackers. Autonomous Security, a significant extension to the company’s Carwall ECU security platform, enables automotive technology providers to achieve the goals set out in the U.S. Department of Transportation’s guidelines for the safe deployment of autonomous cars.

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Karamba Security Would Block Newly Reported Jeep Cherokee Attack if Performed Remotely by Malicious, Black Hat Hackers

Karamba Security’s Carwall would have blocked the Jeep Cherokee hack being presented by researchers Charlie Miller and Chris Valasek at Black Hat today, if it were conducted remotely by actual malicious hackers. WIRED reported that this latest attack is, well, wired—as in a physical intrusion—unlike last year’s remote wireless attack. In this case, Miller and Valasek directly plugged a laptop into the vehicle’s CAN network through a port beneath the dashboard.

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Karamba Security Names to Advisory Board Former Unit 8200 Commander to Steer Strategic Direction, Growth

Karamba Security, one of Israel’s Top 10 Most Promising Cybersecurity Companies, according to Forbes Israel, has named Dani Harari, former Commander of the elite Israeli intelligence Unit 8200, to its Advisory Board to drive the automotive cybersecurity company’s growth. Harari joined ADAMA Agricultural Solutions, a $3.2 billion/year agrochemical global producer, in 2010 as SVP for Strategy & Resources. His areas of responsibility include strategic planning, business intelligence, AgriTech, information and digital technology and cybersecurity.

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From Stealth to Spotlight: Karamba Security Named to Forbes Israel ‘10 Most Promising Cybersecurity Companies’ List

Karamba Security has been selected by Forbes Israel as one of Israel’s Top 10 Most Promising Cybersecurity Companies — a distinction made even more significant in a nation with more cyber companies per capita than anywhere in the world, and having only exited stealth two months earlier, in April 2016. Karamba enables car companies and Tier 1 system providers to protect their connected automobiles from cyberthreats by hardening Electronic Control Units (ECUs) that are open to external access (via the internet, Wi-Fi, Bluetooth, etc.), so they can’t be used by hackers to infiltrate the car’s network and launch attacks.

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Karamba Security Introduces Carwall Software — Providing the Automotive Industry a Way to Immediately Secure New & Existing Connected Cars Against Cyberattacks

Patent-pending technology automatically secures the car’s controller software to detect and prevent hackers from exploiting any software bugs to gain control over a vehicle

TU-Automotive Detroit 2016 Conference & Exhibition—June 7, 2016Karamba Security today announced the availability of Carwall, its in-car security software that automatically secures connected cars against cyberattacks. Carwall software keeps connected cars safe by sealing the car’s controller software, so it can immediately detect and prevent cyberattacks from exploiting the car controller’s software security bugs.

Karamba Security Emerges from Stealth Mode to Protect Connected Cars from Cyber Attacks

ECU Endpoint Cyber Security Company Raised $2.5M Seed Round, Led by YL Ventures

Detroit, Michigan/Tel Aviv, Israel—April 7, 2016 — Karamba Security announced today they coming out of stealth mode to launch their unique approach to in-car security.

Karamba has purpose-built an ECU endpoint solution that protects a car’s externally connected devices, identifying attack attempts and blocking exploits from infiltrating the car’s network to ensure drivers’ safety.

British Government Recognizes Karamba Security as Automotive Technology Innovator

Invited to 10 Downing Street as part of Israeli Technology Delegation

DETROIT & TEL AVIV, Israel, April 29, 2016 — The British Embassy in Israel has named Karamba Security to an elite group of technology innovators in recognition of its pioneering work to secure automobile electronics systems from cyberattacks.

Karamba Security joins a delegation of prominent Israeli automotive and transport companies who will be honored at a reception held Thursday, May 5 at the British Prime Minister’s residence at 10 Downing Street.