ProvenRun secures €15 million funding to accelerate IoT security-by-design

Cybersecurity software company, ProvenRun, has completed a Series A funding round led by Tikehau Capital, through its dedicated private equity cybersecurity strategy with the French Ministry of Defence’s Definvest fund, managed by Bpifrance

ProvenRun offers a secure operating system (OS) and apps for connected vehicles and smart devices. The company’s ProvenCore product is claimed to be the only OS to attain the highest certification level (EAL7) on Common Criteria, the leading global standard in computer security.

ProvenCore provides security-by-design for the long term, rather than reacting to and firefighting threats. Carmakers and IoT device builders can attain best-in-class cybersecurity, develop and certify applications faster, get ahead of future regulatory requirements and dramatically reduce their lifecycle maintenance costs.

ProvenRun’s technology focuses on critical industries, with a particular emphasis on the aerospace and defence, automotive and semiconductor sectors. Its secure-by-design software solutions effectively tackle the challenges arising from the rapid growth of IoT, building on its Trusted Execution Environment and achieving the highest available protection against remote cyber threats. ProvenRun has emerged as a pivotal partner in embedding software security in software-defined vehicles for carmakers and tier 1 suppliers, and in microcontrollers for chipmakers such as STMicroelectronics.

The Series A funding will help ProvenRun accelerate the product roadmap (automotive security applications, Risc-V architectures) and the company’s geographic expansion to North America.

“ProvenRun’s ambition is to raise the standards of cybersecurity and build trust in the Internet of Things,” said Dominique Bolignano, the founder and chairman of ProvenRun. “Remote cyber threats are rising and our formally proven OS provides the best line of defence. Tikehau Capital’s investment will help us accelerate our development roadmap and international growth.”

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Telia, Ericsson and Magna collaborate on 5G network for vehicle safety development

Magna joins Telia and Ericsson’s NorthStar Program to use 5G for the development of active safety features for vehicles. These features are intended to reduce the likelihood of accidents and enhance overall road safety. For this purpose, Ericsson and Telia are building a 5G network at Magna’s test track in Vårgårda, Sweden. “Telia, Ericsson and Magna collaborate on 5G network for vehicle safety development”

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Podcast: The Future of IoT: Unpacking eSIM SGP.32 with Industry Experts

Join Antony Savvas and industry leaders Niall Strachan, Chief Commercial Officer from Pelion, and Steffen Sorrell, Chief of Research from Kaleido Intelligence, as they delve into the transformative impact of IoT eSIM SGP.32. Learn about this groundbreaking GSMA specification that is setting new standards for profile availability, interoperability, and security in eSIM devices. 

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Qualcomm’s Snapdragon auto connectivity platform to bring 5G capabilities to JLR’s modern luxury

Qualcomm Technologies, Inc. and JLR announced that the companies will work together to bring 5G capabilities to select JLR vehicles across its brands Range Rover, Defender, Discovery and Jaguar. As a part of JLR’s efforts in building a sustainability-rich vision of modern luxury by design, the ongoing technology collaboration between Qualcomm Technologies and JLR aims to support advanced and integrated digital cockpit and infotainment systems to JLR’s new vehicles.

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BMW, Qualcomm demonstrate to redefine vehicles with Snapdragon Digital Chassis technologies

BMW Group and Qualcomm Technologies, Inc. have extended their technology collaboration beyond driver assistance and automated driving technologies. This brings Snapdragon Digital Chassis solution advancements to power BMW Group’s new vehicles for safer, smarter and experiences to drivers and passengers.

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Summa Networks releases new version of its extended, converged control plane

Summa Networks has announced a new release of its NextGen HSS (home subscriber server) which allows carriers to manage their subscribers between 2G, 3G, 4G and 5G networks. Summa Networks NextGen HSS was launched as a solution which already included a featured LTE (long-term evolution) HSS, IMS (IP multimedia subsystem) HSS and HLR (home location register) from a single software suite. The product has seen several evolutions during the years to even better fit the requirements of mobile operators, MVNOs (mobile virtual network operators), MVNEs (mobile virtual network enablers) and companies working in the IoT (internet of things), M2M and automotive sector. 

“Summa Networks releases new version of its extended, converged control plane”
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Podcast 40

Podcast: From local mastery to global expansion: The IoT journey with Singtel and Bridge Alliance

In this Trending Tech Podcast episode, Jim Morrish of Transforma Insights navigates the intricate landscape of IoT connectivity in Asia. Joined by Ignatius Lee from Singtel and Alan Yeo from Bridge Alliance, the trio delves into the challenges and potential of cellular IoT solutions in the region. From Smart Nation initiatives to vision of becoming a global connectivity gateway, the conversation offers a deep dive into the future of IoT in Asia and beyond.

“Podcast: From local mastery to global expansion: The IoT journey with Singtel and Bridge Alliance”
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