"Upstream Security Raises Funds to Expand IoT Cybersecurity Solutions for Connected Vehicles and IoT Devices"

Upstream Security Receives Investment from Cisco Investments

Key Highlights:

• Investment: Upstream Security, a provider of cybersecurity extended detection and response (XDR) for connected vehicles and IoT, received an investment from Cisco Investments.
• Purpose-Built IoT Cybersecurity: Upstream Security aims to amplify the need for purpose-built IoT cybersecurity solutions to safeguard the mobility and IoT ecosystem throughout the development and production lifecycle.
• Cloud-Based IoT XDR Platform: Upstream Security's cloud-based platform analyzes real-time data from connected vehicles and IoT devices to identify and mitigate cyber risks, utilizing proprietary ML-powered models.

Upstream Security's Target Market

• Automotive Industry: Vehicle manufacturers and automotive companies seeking cybersecurity solutions for connected vehicles.
• IoT Service Providers: Companies providing IoT services and solutions, requiring cybersecurity measures for their connected devices.
• Technology and Cybersecurity Companies: Partnerships with technology and cybersecurity companies to enhance and expand their offerings in the IoT security space.

What Upstream Security Needs to Buy

• Partnerships with Automotive Manufacturers: Collaborations with vehicle manufacturers to integrate their cybersecurity solutions into connected vehicles.
• Expansion into IoT Service Providers: Partnerships with IoT service providers to offer cybersecurity solutions for their connected devices and platforms.
• Research and Development: Investments in R&D to enhance their cloud-based IoT XDR platform and develop new cybersecurity solutions for emerging IoT technologies.