Thursday, February 22, 2024
HomeFunding Cybersecurity Startup ProvenRun Secures €15 million Series A Round Funding

[Funding alert] Cybersecurity Startup ProvenRun Secures €15 million Series A Round Funding

In a Series A fundraising round, ProvenRun, a cybersecurity startup based in Paris that specialises on connected cars and smart gadgets, raised €15 million.

In a Series A fundraising round, ProvenRun, a cybersecurity startup based in Paris that specialises on connected cars and smart gadgets, raised €15 million.

Tikehau Capital spearheaded the funding round, which comes through the private equity firm’s recently established cybersecurity-focused fund. The Definvest fund, overseen by Bpifrance, also participated in the Series A round, as reported by tech.eu.

Read also – [Funding alert] RYVER.AI Secures €1.3 Million Pre Seed Funding to Tackle Bias in Medical AI with Synthetic Data

The goal of ProvenRun is to offer its clients Reliable Products and Services that will enable them to integrate security at the chip, device, edge, or cloud levels into their network of interconnected devices, wherever necessary.

By offering secure-by-design off-the-shelf product solutions and security consulting services, they significantly enhance protection against remote cyberattacks and address security concerns brought on by the Internet of Things revolution.

Read also – [Funding alert] London-based Solartech Startup Sunsave Secures €6.3 Mn Seed Funding

They primarily provide services to clients in the automotive, aerospace/defense, transportation, industrial, telecom, IoT/consumer device OEM, and semiconductor and intellectual property providers industries.

Read also – [Funding alert] Eligo Bioscience Raises $30 Million To Write a Novel Chapter for Genetic Medicines

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular