Ideal for OEMs, Tier-1 suppliers, as well as mobility-based service providers, AUTOCRYPT's offerings span the entire automotive lifecycle.įor more information, contact AUTOCRYPT at. The solution ensures a safe and secure vehicular environment, blocking all abnormal activity. The SOC functions as a round-the-clock monitor with real-time collection and detection logs, identification based on machine-learning, as well as policy and OTA updates. AUTOCRYPT is the leading player in automotive and smart mobility security technologies, paving the way for Intelligent Transport Systems (ITS) and autonomous driving through a multi-layered. Funding Rounds Number of Funding Rounds 3 Total Funding Amount 40. SEOUL, South Korea, /PRNewswire/ - AUTOCRYPT, a leading secure mobility and V2X communications company, has raised a 25.5 million Series B round, with post-money valuation of 120. Daishin Securities and JB Asset Management are the most recent investors. Their latest funding was raised on from a Series B round. AUTOCRYPT's contributions to the alliance can bring to light the need for security to be first, ensuring that drivers and passengers of EVs and CAVs can be assured that their vehicle, surrounding infrastructure, and data are not at risk."ĪUTOCRYPT's in-vehicle security solution has been optimized for automotive communication protocols, and through its Intrusion Detection System (IDS), provides security modules to guarantee secure communications between the many ECUs in a connected vehicle and the CAN bus. AUTOCRYPT has raised a total of 40.7M in funding over 3 rounds. While the technological advances in the automotive industry are astounding, security is often an afterthought. President of AUTOCRYPT North America, Sean HJ Cho stated, "We look forward to actively participating in the alliance as a security partner. Especially with the recent implementation of WP.29 regulations requiring cybersecurity type approval in all new vehicles by July 2022, AUTOCRYPT's security solutions and its team of experienced cybersecurity specialists allow for a comprehensive, holistic approach to secure EVs as well as connected and autonomous vehicles (CAVs) through its in-vehicle security technology and security operations center (SOC). AUTOCRYPT has raised a total of 40.7M in funding over 3 rounds. For instance, in January 2022, AUTOCRYPT launched AutoCrypt SCMS Version 5.0, a Security Credential Management Security (SCMS) for Vehicle-to-Everything. This led Foxconn to establish the MIH Alliance in October 2020, promoting real-time research and development as well as prioritizing vehicular security and safety. AUTOCRYPT is the leading player in mobility security technologies.Recognized by TU-Automotive as the Best Auto Cybersecurity Product/Solution of 2019, AUTOCRYPT continues to pave the way in. The growing numbers of EVs on the market as well as EV software/hardware in development point to a need for corporations to work together in order to expedite technological advances. SEOUL, South Korea, Ma/CNW/ - Leading EV and autonomous vehicle cybersecurity provider AUTOCRYPT announced that the company had officially joined the MIH Alliance, an open platform for electric vehicles (EVs) established by Foxconn Technology Group.
0 Comments
Leave a Reply. |