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Karamba Security raises another $10M for its IoT and automotive security platform

TechCrunch

Karamba Security , an Israel-based security startup that focuses on the IoT and automotive industry, today announced a $10 million extension to its $12 million Series B round from 2017. ” Karamba Security’s XGuard. ” Karamba Security’s XGuard. Pham Thuy Linh.

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Tekion, the automotive retail platform headed by a former Tesla CIO, just tripled in value

TechCrunch

To pull car dealers into the 21st century with a snazzy end-to-end automotive SaaS platform like the one he helped develop inside Tesla. Though the automotive world is known for spending lavishly on marketing and for aggressive sales tactics, just 17 of Tekion’s employees now 1,350 employees work in sales.

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Salesforce Automotive Cloud adds Einstein Studio, Fleet Management

CIO

Salesforce is adding AI, telematics and a host of other capabilities to beef up Salesforce Automotive Cloud , built on the company’s Customer 360 cloud-based CRM platform and released last year as a dedicated system to help automakers better connect with dealers and end consumers. Automotive Industry, Cloud Computing, CRM Systems

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Sylndr, an online used-car retailer, raises $12.6M pre-seed to disrupt Egypt’s automotive market

TechCrunch

The automotive marketplace, which allows customers to sell and buy used cars, has raised a pre-seed round of $12.6 In Egypt, popular brands such as GB Auto, Mansour Automotive, and Nissan are typically known to have good resale value. Some include U.K.’s s Cazoo , India’s Cars24 and Spinny, Brazil’s InstaCarro and Mexico’s Kavak. .

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Siemens and Accenture launch joint business group to transform manufacturing

CIO

The group will develop software-defined products and factories, combining industrial technology with AI-supported engineering and manufacturing expertise. Target industries include automotive, electronics, semiconductors, consumer goods, aerospace, mechanical engineering, transportation, and defense.

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Holographic startup Envisics partners with Panasonic to fast-track in-car AR tech

TechCrunch

Jamieson Christmas launched the startup three years ago to “revolutionize” the in-car experience with its holographic technology. Panasonic Automotive Systems is a Tier 1 automotive supplier and a division of Panasonic Corporation of North America. Now, it has a partner that could help it achieve that mission.

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Uber branches out into AI data labeling

CIO

Scaled Solutions grew out of the company’s own needs for data annotation, testing, and localization, and is now ready to offer those services to enterprises in retail, automotive and autonomous vehicles, social media, consumer apps, generative AI, manufacturing, and customer support.

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