![]() ![]() Other factors were the due diligence conducted with Karamba’s customers and the growing need for IoT and automotive compliance with new cybersecurity regulations. Investors in the round were motivated by Karamba’s strong customer base and leadership in IoT and automotive security. This brings the total capital invested in Karamba Security to $27 million. VinFast, a member of Vingroup, the largest private conglomerate in Vietnam, led the investment with participation from SVIC, a leading corporate VC from South Korea, and existing investors: YL ventures, Fontinalis Partners, Liberty Mutual, Presidio Ventures, Glenrock, Paladin Group and Asgent. HOD HASHARON, Israel-( BUSINESS WIRE)- Karamba Security today announced it has secured $10 million in new funding in an extension to its B Round financing.
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