Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5975f2c0-1bfd-492d-b450-f0561bfa8d28
Date 4/8/2016
Company Name Karamba Security
Mailing Address 2723 South State Street Ann Arbor, MI 48104 USA
Company Description Karamba Security offers ECU endpoint security to protect the connected car. The company hardens the connected Electronic Control Units (ECUs) within automobiles to protect them from cyber attacks and ensure the car’s safe, ongoing operations.
Proceeds Purposes Leitersdorf said he expects Karamba to use the funds for hiring, research and development and to lock in early customers. By next year, he said, Karamba should start inking full-year contracts with major automotive suppliers.