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.

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. Through security solutions for V2X, V2G (including PnC security), in-vehicle security, and fleet management systems, AUTOCRYPT ensures that security is prioritized and optimized before vehicles hit the road.
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Autocrypt Closes Series B With $25.5 Million To Expand V2X And In-Vehicle Systems Security For Intelligent Transport

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