Autocrypt Closes Series B With $25.5 Million To Expand V2X And In-Vehicle Systems Security For Intelligent Transport
Round Type
Series B
SeoulInformation TechnologyConsumer GoodsPrivacy And SecurityCyber SecurityDescription
AUTOCRYPT, a leading secure mobility and V2X communications company, has raised a $25.5 million Series B round, with post-money valuation of $120 million. Leading backers included Korea Asset Investment Securities, Ulmus Investment, BSK Investment, Shinhan Venture Investments, JB Asset Management, STIC Ventures, Pathfinder H, and Hyundai Venture Investment.
Quick answer
AUTOCRYPT raised an undisclosed amount in a Series B round, dated May 26, 2022. AUTOCRYPT is based in Seoul, South Korea.
- How much did AUTOCRYPT raise?
- AUTOCRYPT raised an undisclosed amount in a Series B round on May 26, 2022.
- What does AUTOCRYPT do?
- AUTOCRYPT is the leading player in automotive and smart mobility security technologies, paving the way for Intelligent Transport Systems (ITS) and autonomous driving through a multi-layered, holistic approach.
- Where is AUTOCRYPT based and how big is it?
- AUTOCRYPT is based in Seoul, South Korea.
Source: Fundz verified event record.
Who else raised in Consumer Goods and Privacy And Security around the same time
Companies in the same sectors as AUTOCRYPT that raised within 45 days of this round, from Fundz verified event records.
- Zitadel raised $2.5M (Seed) on June 10, 2022.
- ThreatLocker raised $100M (Series C) on April 19, 2022.
- Spin.AI raised $16M on July 8, 2022.
- Coalition raised $250M (Series F) on July 8, 2022.
- Celus raised $26M (Funding Round) on July 6, 2022.
- GetVantage raised $36M (Funding Round) on June 30, 2022.
Who to call at AUTOCRYPT, and when
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- An alert the day AUTOCRYPT raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at AUTOCRYPT, from your own LinkedIn network
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Funding Insights
What this usually meansAUTOCRYPT raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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