Regulus Cyber Raises $4M After Signing Deal With Automotive Tier 1 and Expanding GPS Cybersecurity Product Capabilities
btov is happy to announce that we have participated in a USD 4 million financing round for Regulus Cyber, creator of the first “anti-virus” software to protect satellite navigation and timing.
The round was led by SPDG Ventures with participation by btov Partners, Sierra Ventures, Canaan Partners Israel, F2 Capital, the Technion TIOF Fund and Technion R&D Foundation.
Part of a future Series B-Round, the Haifa, Israel-based company will use the funds to enhance their R&D and sales efforts around supporting the recent U.S. executive order that emphasized the protection of positioning, navigation, and time provided by GPS.
Read more here.