Karamba Security

SoftwareSeries BBloomfield Hills, USkarambasecurity.com

Latest round

Series B

Last raised

Dec 2021

Total raised

$27M

Investors

9

About Karamba Security

Karamba Security Ltd.Founded in 2016 in Bloomfield Hills, US, Karamba Security Ltd. develops cybersecurity measures tailored for OEMs and embedded device manufacturers. The company was co-founded by Assaf Harel, David Barzilai, and Tal David, with Ami Dotan as the CEO.Karamba offers a comprehensive suite of end-to-end product security solutions designed for OEMs, suppliers, and embedded device manufacturers across various industries, including automotive and medical devices. The company's flagship products, XGuard and VCode, facilitate the hardening of device firmware to identify and mitigate vulnerabilities before production, enhancing the security posture of IoT products. XGuard focuses on device security, while VCode encompasses binary analysis and vulnerability management, ensuring compliance with stringent industry regulations such as ISO/SAE 21434 and FDA standards. These solutions are particularly valuable to clients operating in over 128 countries, addressing the needs of sectors such as automotive with retrofitting capabilities for large fleets, and medical technology for meeting regulatory premarket requirements.Karamba generates revenue through a combination of direct sales and partnerships with clients in the OEM and embedded device manufacturing sectors. The company’s business model includes offering subscriptions for its software products, such as XGuard and VCode, which continuously monitor and enhance the security of device firmware. Revenue is primarily derived from B2B transactions where clients engage Karamba for vulnerability assessments, penetration testing services, and integration of security solutions into their CI/CD pipelines. These services are structured to align with client development cycles, ensuring timely implementation without disrupting product release schedules.In December 2021, Karamba Security Ltd.S. Executive Order on Improving the Nation’s Cybersecurity. Karamba plans to enhance its offerings and expand into additional markets, specifically targeting growth in regions with increasing cybersecurity needs, including broader outreach in Europe and Asia by 2023.

Who invested in Karamba Security

9 investors across 4 rounds

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Funding rounds

  1. Series B

    Dec 2, 2021

    Amount

    $10M

    Investors

    Locked

  2. Series B

    May 16, 2017

    Amount

    $12M

    Investors

    Locked

  3. Series A

    Sep 29, 2016

    Amount

    $2.5M

    Investors

    Locked

  4. Seed

    Apr 6, 2016

    Amount

    $2.5M

    Investors

    Locked

Questions about Karamba Security

Who invested in Karamba Security?

Karamba Security has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Karamba Security raised?

Karamba Security has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Karamba Security last raise money?

Karamba Security's most recent round on record is a Series B, in Dec 2021.

What does Karamba Security do?

Karamba Security is a software company.

Where is Karamba Security headquartered?

Karamba Security is headquartered in Bloomfield Hills, US.

Which VCs invest in companies like Karamba Security?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Karamba Security's stage. Their profiles are linked below.

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