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§ Private Profile · Hod Hasharon, Israel
Cybersecurity solutions provider for connected systems including vehicles, IoT, and industrial equipment, hardening devices.
Karamba Security provides end-to-end cybersecurity solutions for connected systems such as vehicles, IoT devices, and industrial equipment, headquartered in Hod Hasharon, Israel. The company's software hardens devices against cyberattacks, discovers vulnerabilities, and generates Software Bills of Materials (SBOM) for regulatory compliance without altering device architecture. By 2021, Karamba Security had raised $27 million in total funding, including a $10 million venture debt round and a $10 million Series B extension led by VinFast. The firm has completed 32 projects and secured over 80 successful engagements with Fortune 500 companies, serving customers such as HP and Samsung. Initially focused on automotive, the company expanded its scope to broader IoT and connected systems. Karamba Security was founded in 2016 by Ami Dotan, Tal Ben David, Asaf Harel, and David Barzilai.
Karamba Security has raised $34.5M across 4 funding rounds.
Karamba Security has raised $34.5M in total across 4 funding rounds.
Karamba Security has raised $34.5M across 4 funding rounds. Most recently, it raised $10.0M Series B in December 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2021 | $10M Series B | Linh Pham | Biomatics Capital Partners, Illumina Ventures, NanoDimension, Paladin Capital Group, Rich Simoni, Asgen, Fontinalis Partners, Glenrock, Liberty Mutual, Presidio Ventures, Samsung, YL Ventures | Announced |
| Apr 10, 2018 | $10M Debt Financing | JAY Cohan | — | Announced |
| May 1, 2017 | $12M Series B | Chris Thomas, Yoav Andrew Leitersdorf | Biomatics Capital Partners, Illumina Ventures, NanoDimension, Paladin Capital Group, Rich Simoni, Asgent, Russell MacTough, TED Tatsumi | Announced |
| Apr 7, 2016 | $2.5M Seed | Yoav Andrew Leitersdorf | Leon Recanati | Announced |
Karamba Security is a cybersecurity company specializing in end-to-end product security for connected devices, particularly in automotive, IoT, edge, medical, and renewable energy sectors.[1][2][3] It builds runtime integrity software like XGuard and VCode that harden embedded devices against cyberattacks by automatically generating security policies from factory settings, detecting exploits in real-time, and ensuring regulatory compliance without disrupting R&D or product timelines.[1][2][4] Serving OEMs, Tier 1 suppliers, and manufacturers such as BYD, HP, Samsung, Hitachi, and Volvo, Karamba solves the problem of securing resource-constrained devices from in-memory attacks, unauthorized network commands, and vulnerabilities while meeting standards like ISO/SAE 21434, UN R155, FDA, EU MDR, and EU CRA.[2][3][4] The company demonstrates strong growth through widespread adoption and services like TARA, penetration testing, vulnerability management, and continuous hardening integrated into CI/CD pipelines.[2][3]
Karamba Security was co-founded by Ami Dotan (CEO), who leads its mission to deliver efficient cybersecurity compliance tools amid evolving regulations.[3] While specific founding year details are not in available sources, the company emerged as a leader in automotive and IoT endpoint security, developing patented runtime integrity technology to address rising cyber threats in connected vehicles and devices.[1][5][6] Early traction came from breakthroughs in automating ECU lockdowns, runtime attack blocking, zero-overhead network authentication, and lightweight embedding, enabling self-protection without performance hits.[1][4] Pivotal moments include establishing a state-of-the-art automotive cybersecurity testing lab in Michigan and partnerships like with eSOL for mission-critical protection, solidifying its position.[5][6]
Karamba stands out through its patented runtime integrity technology that provides autonomous, end-to-end security with minimal overhead:
Karamba rides the surge in connected device proliferation and stringent cybersecurity regulations for automotive (ISO/SAE 21434, UN R155) and IoT/medical sectors (FDA, EU MDR/CRA), where rising cyberattacks on ECUs, networks, and supply chains demand proactive, embedded defenses.[2][3] Timing is ideal amid vehicle electrification, autonomy, and edge computing, which amplify attack surfaces while regulators enforce compliance—Karamba's tools accelerate this without overhead, enabling faster market entry.[1][3] Market forces like supply-chain vulnerabilities and zero-trust mandates favor its automated, deterministic approach over resource-heavy alternatives.[2] It influences the ecosystem by partnering with giants (Volvo, Samsung) and enabling suppliers like Electreon, setting standards for runtime self-protection in safety-critical systems.[3][6]
Karamba is poised for expansion as regulations tighten and IoT/automotive connectivity explodes, with VCode and XGuard scaling to more edge/renewable energy use cases via automated vulnerability prioritization and continuous hardening.[2][3] Trends like AI-driven threats and UN R155 enforcement will boost demand for its low-hassle, compliance-ready portfolio, potentially growing through deeper OEM integrations and global lab expansions.[3][5] Its influence may evolve toward dominating embedded runtime security, empowering safer connected ecosystems—reinforcing its role as the go-to for high-security, low-hassle protection in an increasingly hostile cyber landscape.[1][2]
Karamba Security has raised $34.5M in total across 4 funding rounds.
Karamba Security's investors include Linh Pham, Biomatics Capital Partners, Illumina Ventures, NanoDimension, Paladin Capital Group, rich simoni, Asgen, Fontinalis Partners, GlenRock, Liberty Mutual, Presidio Ventures, Samsung.