Michigan group leads $2.5M stake in cybersecurity firm targeting driverless cars

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Fontinalis Partners of Detroit has led an investment of $2.5 million in Karamba Security, a company based in Hod Hasharon, Israel, that makes cybersecurity solutions for connected and autonomous vehicles. "Were delighted to have Fontinalis Partners as our newest investor," Ami Dotan, Karamba Securitys CEO and co-founder, said in a statement. Their investment in Karamba Security is a testament to our solutions." "We were impressed to see how successful Karamba Security has been in engaging and creating demand for its products from Tier 1 system providers and vehicle manufacturers. Its approach is the ideal way to harden vehicles against cyberattacks."

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