C2A raises $6.5M for its in-car cybersecurity platform

Cars are now essentially computers on wheels — and like every computer, they are susceptible to attacks. It’s no surprise then that there’s a growing number of startups that are working to protect a car’s internal systems from these hacks, especially given that the market for automotive cybersecurity could be worth mor $900 billion by 2026.

One of these companies is Israel’s C2A Security, which offers an end-to-end security platform for vehicles, which today announced that it has raised a $6.5 million Series A funding round.

The round was led by Maniv Mobility, which previously invested in companies like Hailo, drive.ai and Turo, and ICV, which has invested in companies like Freightos and Vayyar. OurCrowd’s Labs/02 also participated in this round.

Like most companies at the Series A stage, C2A plans to use the new funding to grow its team, especially on the RD side, and help support

... read more at: https://techcrunch.com/2019/02/11/c2a-raises-6-5m-for-its-in-car-cybersecurity-platform/

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