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24th October 2019 - 0 comments

Upstream Security closes $30m series B investment from alliance ventures

Cybersecurity company for connected vehicles Upstream Security has announced that a prominent syndicate of investors, including some of the world’s largest OEM automotive vehicle manufacturers, insurance and fleet operators, invested $30 million in a Series B funding round, bringing the company’s total investment to date to $41 million.  The round was led by Alliance Ventures and included Volvo Group Venture Capital, Hyundai, Hyundai AutoEver, Nationwide Ventures and others. Original Upstream investors Charles River Ventures, Glilot Capital and Maniv Mobility all participated in the round.

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