Trillium Inc secures Series A funding with Global Brain as Lead Investor
July 04 2016 - 12:41AM
JCN Newswire (English)
TOKYO, July 4, 2016 - (ACN Newswire) - Japan-based Trillium Inc, an
automotive IoT cybersecurity startup, has secured Series A funding
with Global Brain as lead investor. Global Brain and Trillium
expect to close the round soon after with the addition of several
tier1, strategic investors.
Trillium has developed the anti-car hacking technology SecureCAR
for protecting the in-vehicle networks (IVN) of automobiles and
other transportation equipment from cyber attack using advanced
encryption, authentication and key management technologies.
The proceeds of the current funding will be used to accelerate
field testing of the company's technology in commercial vehicles,
expand the breadth of collaboration with automotive OEM and Tier1
manufacturers and extend its technologies and solutions to adjacent
industrial markets in need of IoT cybersecurity.
"Trillium SecureCAR technology solves the cybersecurity problems
that have challenged the automotive industry for many years. The
combination of Public Key cryptography and dynamic session key
management creates a highly entropic environment, which is
resilient against known attack methods," says Dr. Sachio Semmoto,
Founder of DDI and eAccess, and Chairman of Trillium Inc.
Yasuhiko Yurimoto, President and CEO of Global Brain, said, "In the
past year, North American and European markets have been very
aggressive with regard to M&A investments in automotive related
technologies including cybersecurity and autonomous driving. We
expect this trend to continue and intensify."
"Trillium is an example of a company we have discovered that has
the critical combination of an experienced leadership team,
brilliant engineering talent, and a technology vision-business
model combination carefully architected to achieve great success in
the international marketplace."
"In this age of connected cars and semi-autonomous/autonomous
driving, automotive cybersecurity is as important as seat belts and
airbags," says David M. Uze, President and CEO of Trillium Inc.
"Trillium's passion is to protect the lives, property and privacy
of drivers, passengers and the public by making connected cars
'cyber'-safe."
About Global Brain
Global Brain Corporation is the leading hands-on venture capital
firm in Japan and a global leader in the incubation of successful
high technology startup companies. Established in 1998, its
investment team is made up of seasoned technology experts and
engineers from Japan's leading high tech companies. For more
information, please visit www.globalbrains.com.
About Trillium Inc
Established in July 2014, Trillium Inc is engaged in the
development of advanced IoT and automotive cybersecurity software
technology including lightweight encryption, authentication,
cryptographic key management, IDS/IPS and secure OTA software
update technology. Trillium will expand its target markets to
include cybersecurity for robotics, factory automation, medical,
aerospace and other transportation systems. Please visit
www.trillium.co.jp.
Source: Trillium Inc
Contact:
Miki Irie
Communications Director
Trillium Incorporated
miki.irie@trillium.co.jp
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