InfiniDome Ltd., a wireless security startup, has received US $1.6 Million seed funding.
“Infinidome develops detection & protection solutions for wireless communications of connected and autonomous vehicles...“
Recently, InfiniDome announced OtoSphere™, a GPS Cyber-attack detection and protection solution, tailored for commercial and consumer vehicles. OtoSphere is suited for Cash-in-transit, High-end Cargo Transportation and Autonomous Vehicle Applications; that depend on GPS for localization, timing and monitoring. OtoSphere protects these transit applications which are disabled by inexpensive GPS jammers bought online. InfiniDome’s patented Phased-Array Anti-Jamming technology solves this problem easily and cost-effectively.
Investors participating in the Seed round include Boundary Holding of India and Luxemburg, Next Gear Ventures of Israel and Aston Partners of New York.
“We have been working closely with InfiniDome for the last year and a half. We have been using our experience and close relationships with automotive partners to help them realize their product, market fit and growth potential,” said Tal Cohen, Next Gear Founder and Managing Partner. “InfiniDome provides unique solutions based on its proven, innovative cybersecurity technology for the transportation industry, connected fleets, mobile, and critical infrastructure. Combined with an outstanding team, technological advantages, and multiple end-market growth opportunities, we are confident in InfiniDome’s potential for success,” adds Cohen.
“Closing this Seed round of funding is key to InfiniDome’s continued penetration of the UAV/UAS, Fleet and Critical Infrastructure markets,” said Omer Sharar, InfiniDome’s CEO. “We now have multiple units sold in 20 countries and are looking to aggressively grow our worldwide base of customers, distributors, and strategic partners. The Seed funds will be used for ramping our sales and marketing and designing our next product,” adds Sharar.