Automotive supplier DENSO has announced a significant investment in Dellfer, a San Francisco-based Internet of Things and automotive cybersecurity startup.
Dellfer is focused on cybersecurity solutions against ‘zero day’ attacks within connected networks, such as connected vehicles. DENSO’s seed investment will help the company to develop cybersecurity safeguards for connected and autonomous vehicles.
“As cars become smarter, more connected, and autonomous, advanced safeguards to secure and protect the technology within those vehicles will be a key area of focus for DENSO, and the auto industry as a whole,” said Tony Cannestra, Director of Corporate Ventures at DENSO.
“DENSO will continue to strongly support technologies like Dellfer’s to ensure that a safe and secure mobility future is delivered to our customers.”
Dellfer CEO James Blaisdell said: “We look forward to a deep and fruitful partnership with DENSO to deliver advance safeguards for protecting vehicles.”
As it evaluates technology investment opportunities with potentially significant implications for the future of transportation, DENSO is focused on four core areas: connectivity, autonomous driving, shared mobility and electrification technologies. In 2014, it set up a dedicated Corporate Venture Capital group to pursue early stage investment opportunities around the world.