Led by CEO and co-Founder Daniel ES Kim, Autocrypt has developed automotive and smart mobility technologies for C-ITS and autonomous driving.īesides its advancements in V2X security, the company has also added Security Analyzer™ and Security Fuzzer™ to its in-vehicle systems security solution. The company intends to use the funds to expand operations and its business reach.
AUTOCRYPT PKI SERIES
Through security solutions for V2X, V2G (including PnC security), in-vehicle security, and fleet management, AUTOCRYPT ensures that security is prioritized and optimized before vehicles hit the road.Autocrypt, a Seoul, South Korea-based secure mobility and V2X communications company, raised USD25.5m in Series B funding, at post-money valuation of $120m.īackers included Korea Asset Investment Securities, Ulmus Investment, BSK Investment, Shinhan Venture Investments, JB Asset Management, STIC Ventures, Pathfinder H, and Hyundai Venture Investment. This year's International Transport Forum will convene various experts across industries and governments to share insights on enabling social inclusion through utilizing innovative technologies in transport while promoting sustainable economic growth.Īs the deployment of applications using PKI continues to increase, Autocrypt looks forward to bringing new fully customizable products and solutions to market for the benefit and safety of the industry, passengers, and the public.ĪUTOCRYPT is the leading player in automotive and smart mobility security technologies, paving the way for Cooperative Intelligent Transport Systems (C-ITS) and autonomous driving through a multi-layered, holistic approach. The successful demonstration of our PKI solutions means that we are continuing to lead the industry and ensure a safer, more reliable environment to support our users."Īutocrypt will continue to raise the standards in the PKI sector and will be demonstrating its new V2X capabilities at the highly anticipated ITF 2022 Summit this coming May. As V2X communications usage in the automotive industry continues to increase and PKI plays a central role in its secure development, it is critical that we continue to strengthen our SCMS management capabilities through various interoperability tests across the globe. Through this inspection and supplementation, Autocrypt expects to develop pilot projects led by the European governments and equipment companies within the year.ĭaniel ES Kim, CEO of Autocrypt Technologies GmbH, said: "It was an honor for Autocrypt to be one of the selected companies at the 3rd C-V2X Plugtests™. The tests showed that Autocrypt solutions accomplished high levels of interoperability with other companies that are actively engaging in the development of C-V2X for the automotive industry.
The event enabled different vendors, specializing in on-board units, roadside units, and public key infrastructure, to run test sessions and assess the level of interoperability based on the latest C-ITS communications and security standards, all under the watchful eye of highway operators, automobile manufacturers, and government bodies.Īutocrypt's V2X-PKI, a core component of the C-ITS security suite that is compliant with the standards of the US SCMS, European-based SCMS, and Chinese-based SCMS, has successfully demonstrated interoperability through various state-of-the-art safety use cases, including road hazard signaling, road works warning, time to green, in-vehicle signage, traffic jam warning, longitudinal collision risk warning, and intersection collision risk warning.Īll the tests run by Autocrypt were based on ETSI's TS sector standards, including V2X communication security and SCMS for C-ITS. MUNICH, Ap/PRNewswire/ - Autocrypt, a leading V2X communications cybersecurity company, was the only Asian PKI provider to participate in the 3rd C-V2X Plugtests™ interoperability testing event organized by ETSI (European Telecommunications Standards Insititute) in partnership with 5GAA at the DEKRA technology center for automobiles located in Klettwitz, Germany.
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