Hyundai, Renault and Volvo Invest in Cybersecurity Firm
Israel’s Upstream Security, a startup that specializes in cybersecurity systems for connected vehicles, says it has received $30 million in Series B funding.
The list of investors includes the venture capital units of Hyundai, Renault and Volvo Trucks. Maniv Mobility, an Israel-based venture capital fund that is backed by Lear, Jaguar Land Rover and Valeo, previously has invested in Upstream.
Founded in 2017, Tel Aviv-based Upstream takes a multi-pronged approach to automotive cybersecurity. The company’s cloud-based C4 (centralized connected car cybersecurity) platform protects against threats to vehicle operating systems, remote functions (automatic door locking), third-party smartphone apps and over-the-air software updates.
Upstream says it can identify contextual anomalies such as commands to turn the engine off when a car is in motion. The platform also uses artificial intelligence to learn driver and vehicle behaviors to detect potential fleet-wide attacks.
Based on variances from normal operating conditions, Upstream’s platform assesses, rates and counters various security threats.
Ford has made an accomplishment that will never be bested, never even be tied.
Ram Truck chief exterior designer Joe Dehner talks about how they’ve developed the all-new pickup. “We’ve been building trucks for over 100 years,” he says. “Best I could come up with is that this is our 15th-generation truck.”
Although the RAV4 has plenty of heritage in the small crossover segment, competition has gotten a whole lot tougher, so Toyota has made significant changes to the fourth-generation model.