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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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