Karamba Security $12 Million Round Funding


ERM has represented Karamba Security on its latest investment round, in which it has raised US$12m from a number of strategic and financial investors, which include: YL Ventures, Fontinalis Partners, GlenRock Israel, Paladin Capital Group, Liberty Mutual Strategic Ventures, Presidio Ventures and Asgent, Inc.

his latest funding brings the total raised by the company to approx. $17m. ERM has been advising Karamba Security since its incorporation.

Karamba Security is widely regarded to be one of Israel’s most promising startups, with innovative cyber security products geared toward the automotive, medical devices and IoT industries. The company, led by Amiram Dotan, David Barzilai, Tal Ben-David and Assaf Harel, is based in Ann Arbor (US).

Our high-tech and start-ups team was led by Nimrod Rosenblum (Picture) and included associates Galit Farkash and Guy Kofman and trainee Adi Debel.

Involved fees earner: Nimrod Rosenblum – Epstein Rosenblum Maoz; Galit Farkash – Epstein Rosenblum Maoz; Guy Kofman – Epstein Rosenblum Maoz;

Law Firms: Epstein Rosenblum Maoz;

Clients: Karamba Security Ltd;

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Author: Michael Patrini.