SecureThings, a Sunnyvale, CA-based pioneer in in-vehicle cybersecurity solutions for the automotive and mobility sectors, announced the completion of $3.5 million pre-Series A funding.
The round was led by tech-focused VC fund Inflexor Ventures, with participation from 9Unicorns, RPG Ventures, SAB Holdings, and various UHNIs.
The company will utilize the funding for product development, business growth in India and overseas markets, augmenting the India and U.S. teams, and sales and marketing.
Company: Securethings.ai Private Limited
Raised: $3.5M
Round: pre-Series A
Funding Month: February 2022
Lead Investors: Inflexor Ventures
Additional Investors: 9Unicorns, RPG Ventures, SAB Holdings, and various UHNIs
Company Website: https://securethings.ai/
Software Category: cybersecurity solutions
About the Company: SecureThings provides specialized machine learning-based cybersecurity solutions for virtually any vehicle, including commercial vehicles, passenger vehicles, electric vehicles, and motorbikes. SecureThings offers end-to-end solutions through its five-pronged approach to vehicle security: detection, response, recovery, identification, and protection to OEMs, Tier1 suppliers, and subsystem manufacturers using patented machine learning-based technologies. SecureThings’s unique 6-layer protection approach provides comprehensive, real-time security to the automotive ecosystem. The company is headquartered in California, USA, and has a large R&D center in Pune, India to support existing customers in India & the APJ (the Asia Pacific and Japan) market.
Source: https://www.globenewswire.com/news-release/2022/02/15/2385060/0/en/Automotive-Mobility-Cybersecurity-Provider-SecureThings-Raises-3-5M-in-Pre-Series-A-Funding-Led-by-Inflexor-Ventures.html