Denso Invests in US-Based young startup Dellfer – Focusing at CyberSecurity

Denso, which is one of the world’s largest automotive suppliers of advanced technologies and systems has announced that it has made a significant investment in a US-based young startup named “Deffler”. Deffler is a young startup which is aiming to focus on cybersecurity solutions based in San Francisco, California.

This (Deffler) automotive cybersecurity startup company is focusing on cybersecurity solutions against “zero-day” attacks within connected networks such as deployed IoT devices and in the future, connected vehicles.Deffler plans to utilize this funding in building its own development team and begin discussions with early adopter customers which includes DENSO as well

Tony Cannestra (the director of corporate ventures at Denso) stated that — “As cars become smarter, more connected, and autonomous, advanced safeguards to secure and protect the technology within those vehicles will be a key area of focus for Denso, and the auto industry as a whole,”

He also said — “We will continue to strongly support technologies like Dellfer’s to ensure that a safe and secure mobility future is delivered to our customers.”

James Blaisdell (CEO, Dellfer) stated:-

“This investment accelerates our mission for IoT device cyberspace protection against zero-day attacks. We look forward to a deep and fruitful partnership with Denso to deliver advance safeguards for protecting vehicles.”

DENSO is mainly focused on advancing in four core areas which are

  • Connectivity
  • Autonomous driving
  • Shared mobility
  • Electrification (CASE) technologies.

Denso says it will continue to evaluate technology investment opportunities for automotive solutions and innovative technologies with potentially significant implications for the future of transportation.

The company when opened – started an office in Silicon Valley in the year 2011, and till 2014 — it created a dedicated corporate venture capital (CVC) group to evaluate early-stage investment opportunities around the world with major entrepreneurs and startup companies.

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