C2A Security, an Israeli startup providing in-vehicle solutions preventing life-threatening cyberattacks, has announced the completion of a $6.5 million Series A round. The round was led by Maniv Mobility and ICV with participation from Labs/02.
C2A has developed a unique suite of solutions that protect the car’s internal systems against cyberattacks, ensuring passenger’s safety. Using a bespoke suite of solutions that communicate with one another, C2A is able to detect and mitigate any type of attack, ranging from autonomous systems hacks to chip-level vulnerabilities.
C2A has already integrated a production-ready suite of solutions to leading manufacturers worldwide and plans to utilise the new funding to grow its R&D team and support its rapidly growing customer base.
Michael Dick, Founder and CEO of C2A said, “We are extremely proud to receive the support of such outstanding investors, who will bring tremendous value to the company. Maniv’s expertise in autotech and strong network across the industry coupled with ICV’s rich experience in cybersecurity brings the perfect combination of skills to the table.”
Olaf Sakkers, Partner at Maniv Mobility said, “We’ve spent several years closely evaluating the in-vehicle cybersecurity market and our technical analysis and conversations with C2A’s customers has convinced us that this is the best solution to an acute need that is only going to grow over time.”
Meir Ukeles, Partner at ICV said, “I believe that C2A has built a uniquely talented team and has approached this problem in a way that allows carmakers to maintain control over their systems, a critical requirement for penetrating this market. Having Michael Dick as CEO of C2A, following his incredible success as a cofounder of NDS which was acquired by Cisco for $5B, gives us the confidence that he can scale C2A into a massive company.”