2 years ago
ProvenRun Secures €15 Million Series A Funding for Automotive Cybersecurity
ProvenRun, a London-based cybersecurity software company, has raised €15 million in Series A funding led by Tikehau Capital, through its new vintage of Brienne, its flagship private equity cybersecurity strategy with the French Ministry of Defence’s Definvest fund, managed by Bpifrance
ProvenRun provides a secure operating system (OS) and apps for connected vehicles and smart devices, enabling carmakers and IoT device builders to develop and certify applications fast, meet regulatory requirements, and reduce maintenance costs
The funding will be used to accelerate product development, expand into North America, and further develop automotive security applications and Risc-V architectures.
ProblemTechnology
"Carmakers and IoT device builders struggle to develop secure applications for connected vehicles and smart devices quickly and efficiently, and face challenges meeting future regulatory requirements and minimizing lifecycle maintenance costs."
Solution
"ProvenCore provides a secure operating system (OS) and apps for connected vehicles and smart devices. It enables carmakers and IoT device builders to develop and certify applications faster, meet future regulatory requirements, and reduce lifecycle maintenance costs."