Regulus Cyber Raises $4M in Series B Round
Regulus Cyber, which offers cyber security for Positioning, Navigation, and Timing (PNT), has raised $4 million in a future Series B Round. In a Monday announcement, the Israeli-based company said the funds will be used to enhance R&D and sales efforts around supporting the recent U.S. executive order that emphasized the protection of positioning, navigation, and time provided by GPS.
The funding was led by SPDG Ventures and joined by Btov Partners, with all previous investors participating including Sierra Ventures, Canaan Partners Israel, F2 Capital, the Technion TIOF fund and Technion R&D Foundation. Recently, Regulus Cyber also signed an agreement with Harman, to be part of Harman Shield, the company’s cybersecurity offering for vehicle manufacturers and mobility companies.
“The importance of protecting GPS has come to the forefront as President Trump and other governments around the globe define new regulations to protect it,” said Yonatan Zur, CEO of Regulus Cyber. “GPS controls so many facets of our lives from transportation, infrastructure, and law enforcement. Having a safe and secure software that protects GPS devices is no longer an option — it’s an integral component to the safety and security of so many industries.”