Israel car cyber firm Karamba raises money from Paladin, Liberty Mutual

Newswire

TEL AVIV, May 16 (Reuters) - Israeli startup Karamba Security, a provider of cybersecurity for connected and self-driving cars, said on Tuesday it raised $12 million, attracting first-time investment in Israel from Washington-based cyber-focused Paladin Capital. The latest investment brings Karamba's total fundraising to $17 million, with existing investors YL Ventures of California and Detroit-based Fontinalis Partners leading the round, followed by GlenRock Israel. Other new ...

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