Upstream Security has announced it received an investment from Cisco Investments. The proliferation of complex IoT devices in the mobility, automotive, and transportation sectors introduces unprecedented operational efficiencies, data-driven services and solutions, and exceptional customer experience. However, advanced connectivity and software-defined components also open the door for large-scale cyber risks, threatening business availability and data integrity.
Upstream already protects millions of mobility connected vehicles and IoT devices worldwide, offering a cloud-based multi-layered approach to extended detection and response.
“We are thrilled to welcome Cisco Investments to our group of investors,” said Yoav Levy, the co-founder and CEO of Upstream Security. “This investment provides a unique opportunity to deepen our impact on the IoT sector, and more specifically mobility, automotive and transportation.”
This investment by Cisco Investments amplifies the need for purpose-built IoT cybersecurity solutions that will safeguard the mobility and IoT ecosystem across the entire development and production lifecycle.
“Together with our partners, Cisco is enabling automobile manufacturers across the globe to provide mission-critical, secure connectivity as cars transform into data centers on wheels,” said Aleem Rizvon, a vice president at Cisco Investments. “With an expected 95% of new vehicles having embedded connectivity by the year 2030, we can also expect a rise in automotive cybersecurity threats. Investing in solutions, to ensure the right safeguards for secure connectivity and operation are in place, is critical to instill the trust needed for wide adoption of the technology, not just in the automotive segment, but more broadly for other IoT applications, as well.
Upstream’s cloud-based IoT XDR platform analyses, in real-time, the contextual state of physical IoT assets and their connected ecosystem, to holistically identify and mitigate cyber risks. The Platform is agentless, requiring no installation of software or hardware, enabling rapid deployment and comprehensive coverage of devices already in production.
The Platform ingests, parses, and normalises vast amounts of connected vehicle data, IoT protocols, telematics, API transactions and other data streams from tens of millions of devices, endpoints and application consumers. This data enables the creation of unique digital twins—near real-time representations of devices and endpoints, facilitating holistic and effective detection. By monitoring devices, services and overall asset behavior, the Platform detects both known and unknown anomalies based on proprietary ML-powered models.
Coupled with a purpose-built vehicle security operation center (vSOC), dedicated for monitoring and investigating connected vehicles and IoT cyber threats, Upstream provides a holistic suite of cybersecurity solutions and services to enable customers to proactively identify and remediate cyber threats. Utilising Upstream’s Ocean AI, Generative AI-powered capabilities, accelerates the investigation remediation process.
Comment on this article below or via X: @IoTGN
April 11, 2024
Posted by: Magda Dabrowska
SecEdge announced an expanded partnership with Variscite. The collaboration provides a chip-to-cloud, easy-to-implement, standards-compliant security solution for Variscite products. (more…)
April 10, 2024
Posted by: Magda Dabrowska
Telit Cinterion has announced a reference design board featuring the Telit Cinterion ELS62-W LTE Cat 1 bis + 2G module and the Taoglas PCS.50.A tunable antenna. This turnkey platform helps device OEMs, IoT service providers and other businesses minimise the expense and lead time of developing and launching smart sensors, wearables, asset trackers and other IoT solutions. (more…)
April 9, 2024
Posted by: Magda Dabrowska
The Cicor Group has completed the acquisition of TT Electronics IoT Solutions with three production sites in the UK and China. (more…)
April 8, 2024
Posted by: Magda Dabrowska
Ezurio has announced the upcoming Sona MT320, the latest addition to their growing Wi-Fi 6 module portfolio. The Sona MT320 is one of the first industrial grade Wi-Fi + Bluetooth modules based on the segment leading MediaTek Filogic 320 (MT7921) Wi-Fi 6 chipset. This embedded module series has been designed to work with the MediaTek Genio processor family targeted at the industrial IoT sector. (more…)
April 5, 2024
Posted by: Magda Dabrowska
The Open6G Open Testing and Integration Centre (OTIC) at the Institute for the Wireless Internet of Things (WIoT) at Northeastern University have announced entering into a partnership and contractual agreement with AmpliTech Group, a NASDAQ company, to perform 5G interoperability testing (IoT) and conformance testing of AmpliTech’s newly released, O-RAN CAT B 64T64R MIMO radio unit (O-RU). This activity will take place at the Open6G OTIC in Boston and Burlington, Massachusetts. AmpliTech Group is a designer, developer and manufacturer of state-of-the-art signal-processing components for satellite, 5G and other communications networks, design of complete 5G/6G systems, global distributor of packages and lids for integrated circuit assembly. (more…)
April 4, 2024
Posted by: Magda Dabrowska
Klika Tech has announced a new partnership with Espressif Systems. This collaboration aims to deliver consumer and industrial IoT solutions to customers worldwide. (more…)
Posted by: Magda Dabrowska
HKW has announced that it has hired Laurence Lederer and Devraj Roy as Partners. Based out of HKW’s New York City office, Lederer and Roy will seek to help drive forward HKW’s strategy of prioritising investments in basic industrial manufacturing, distribution and business services companies including IoT/telematic and tech-enabled businesses where innovation is driving growth in the middle market.
April 2, 2024
Posted by: Magda Dabrowska
Friendly Technologies, a provider of IoT and telecom device management solutions, has unveiled the latest update for its Friendly Unified Device Management platform. The release introduces features and enhancements, with a particular emphasis on Wi-Fi optimisation and management.
The update underscores Friendly Technologies’ dedication to delivering carrier-class, scalable, and secure solutions to meet the increasing needs of the digital home and IoT ecosystem.
The latest versions of the Friendly Unified Device Management platform, designed to support TR-069 and TR-369 enabled devices, bring substantial enhancements to Wi-Fi management capabilities. These include:
In addition to Wi-Fi-specific upgrades, the new platform versions encompass a broad array of improvements across the board, aiming to streamline device management and bolster security measures.
“Enhancing our Wi-Fi management capabilities within the Friendly Unified Device Management platform underscores our dedication to innovation and meeting the evolving needs of our customers,” Ariela Ross-Jayyousi, head of marketing at Friendly Technologies, said. “We continuously strive to deliver solutions that not only address the current challenges faced by service providers but also anticipate future demands, ensuring our customers stay ahead in a competitive market.”
April 1, 2024
Posted by: Anna Ribeiro
Nozomi Networks has announced it has extended its partnership with Yokogawa Electric Corporation to address global demand for managed security services and solutions designed to holistically satisfy the unique OT and IoT cybersecurity requirements of process manufacturers. Yokogawa will offer Nozomi Networks’ advanced solutions for OT and IoT visibility, network monitoring and threat detection to customers worldwide as part of Yokogawa’s OpreX Managed Services. Yokogawa will also resell standalone solutions from Nozomi Networks to customers who manage their security programs in-house. (more…)
March 28, 2024
Posted by: Magda Dabrowska