Automotive cyber startup C2A Security nets long-term agreement to protect Daimler Truck
Automotive cyber startup C2A Security nets long-term agreement to protect Daimler Truck
The value of the deal was not disclosed, but it is estimated to be one of the biggest product security tool deals in the automotive industry by any cybersecurity company
Jerusalem-based startup C2A Security has signed a global, long-term, enterprise agreement with Daimler Truck AG. The big commercial car maker will be using C2A Security’s EVSec as its product cyber security platform.
The value of the deal was not disclosed, but it is estimated to be one of the biggest product security tool deals in the automotive industry by any cybersecurity company, especially from Israel.
C2A Security has recently signed agreements with more than ten customers and partners in another sign of the industry’s shift towards product security in the era of software-defined vehicles.
Daimler Trucks is the largest commercial vehicle manufacturer in the world, employing over 100,000 people in 35 countries, with sales of over 525,000 commercial vehicles in 2023. As part of the deal, C2A Security's EVSec platform will be used by Daimler Trucks for all eight of the company's trucks and bus brands.
C2A Security, the only risk-driven automated cybersecurity platform for mobility, has signed several agreements with car makers to help them automate their product security practices and comply with regulations and standards, such as UN Regulation No. 155, ISO/SAE 21434, Chinese GB Standards, and others.
C2A Security’s EVSec risk-driven product security platform allows developers to focus on creative features and manage software and operations at scale, in an automated manner. EVSec automates archaic manual processes and enables cross-functional sharing and collaboration between teams, customers, and supply chains while offering full digital twin capabilities. EVSec applies continuous feedback from product operations and vulnerabilities to improve development and design, as part of agile software development.
In 2023, C2A Security added multiple OEMs and Tier 1s to its portfolio of customers, successful evaluations, and partnerships such as BMW Group, Marelli, NTT Data, Siemens, and Valeo, among others.
“We’re thrilled that EVSec has proven so popular and effective, as companies like Daimler Truck AG choose it as its product security platform. Dealing with current and emerging regulatory demands, software development at scale and overall product security operations can be a limitation on business continuity of a company if not automated,” noted Roy Fridman, CEO of C2A Security. “At the end of 2023, we witnessed the first case of a premium car maker that stopped the sale of their most popular model in the European Union because it failed to comply with the regulation. To stay competitive companies must utilize advanced product security automation in their development and operations and we are excited to support them in achieving this goal.”
