# Upstream Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/upstream-security

- Industry: IT Security/Cybersecurity
- Headquarters: Herzliya, Israel
- Website: www.upstream.auto
- Total disclosed funding: $103M
- Latest round: Series C (Nov 9, 2021)
- Investors on record: 15

## About

Founded in 2017 and based in Herzliya, Israel, Upstream Security Ltd. operates as a provider of a cloud-based cybersecurity platform that utilizes big data and machine learning to avoid cyber threats to connected and autonomous vehicles. Yoav Levy and Yonatan Appel are the co-founders of the company. In August 2021, the company raised USD 62 million in a Series C funding round led by Mitsui Sumitomo Insurance and other investors such as Nationwide Ventures, Glilot Capital, and La Maison Partners. 

The firm’s products include C4 Cybersecurity and AutoThreat Intelligence. The C4 platform fuses machine learning, data normalization, and digital twin profiling technologies to detect anomalies in real-time using existing automotive data feeds. The AutoThreat Intelligence provides unparalleled cybersecurity and data-driven insights which are seamlessly integrated into the customer's environment and broader vehicle security operations center (VSOC).

The company’s solutions protect vehicles against cyber threats, and its customers include select automotive OEMs, as well as tier 1 and tier 2 suppliers, mobility service providers, and others. The company has close to four million connected vehicles from six different OEMs on its platform across the United States, Europe, and Japan as of Aug 2021.

The company generates its revenue through its cyber security and threat intelligence platform.

Upstream will use the August 2021 funding to expand the company’s offering to current and future customers in the areas of data analytics, insurance telematics, predictive analytics, and business intelligence.

## Funding rounds

- Series C, Nov 9, 2021 — BMW i Ventures
- Series C, Aug 24, 2021, $26M — Mitsui Sumitomo Insurance Venture Capital, 57 Stars, Volvo Group Venture Capital, Glilot Capital Partners, IDIT I.D.I. Technologies Ltd., Salesforce Ventures, Nationwide Ventures, La Maison Partners, Delek
- Series C, May 20, 2021, $36M — Mitsui Sumitomo Insurance Venture Capital, IDIT I.D.I. Technologies Ltd.
- Series B, Jun 9, 2020 — Salesforce Ventures
- Series B, Oct 21, 2019, $30M — CRV, Volvo Group Venture Capital, Glilot Capital Partners, Maniv Mobility, Hyundai Motor Company, Nationwide Ventures, Alliance Ventures, Hyundai-AutoEver
- Series A, Dec 13, 2017, $9M — CRV, Glilot Capital Partners, Maniv Mobility
- Seed, Jun 26, 2017, $2M — Glilot Capital Partners, Maniv Mobility

## Investors

- Glilot Capital Partners (https://capitalatlas.ai/funds/glilot-capital-partners) — Seed, Series A, Series B, Series C
- Maniv Mobility (https://capitalatlas.ai/funds/maniv-mobility) — Seed, Series A, Series B
- CRV (https://capitalatlas.ai/funds/crv) — Series A, Series B
- Volvo Group Venture Capital (https://capitalatlas.ai/funds/volvo-group-venture-capital) — Series B, Series C
- Hyundai Motor Company — Series B
- Nationwide Ventures (https://capitalatlas.ai/funds/nationwide-ventures) — Series B, Series C
- Alliance Ventures — Series B
- Hyundai-AutoEver — Series B
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series B, Series C
- Mitsui Sumitomo Insurance Venture Capital (https://capitalatlas.ai/funds/mitsui-sumitomo-insurance-venture-capital) — Series C
- IDIT I.D.I. Technologies Ltd. — Series C
- 57 Stars (https://capitalatlas.ai/funds/57-stars) — Series C
- La Maison Partners (https://capitalatlas.ai/funds/la-maison-partners) — Series C
- Delek — Series C
- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Series C