
Trillium Secure
Patented, multi-layered embedded software solutions for connected vehicles.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
$11.0m | Series A | ||
Total Funding | 000k |
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | - | - | (63 %) |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Trillium Secure, Inc. operates in the automotive cybersecurity sector, providing a platform to protect connected and autonomous vehicles from cyber threats. Founded in 2014 by David M. Uze, the company was established in Japan and later headquartered in Sunnyvale, California. David Uze, with over 25 years of experience in technology sectors like cybersecurity and semiconductors, brought a wealth of knowledge to his role as CEO. His background includes positions as a Management Consultant at Deloitte and Touche and as Chairman of AMD Japan. The company's chairman was Dr. Sachio Semmoto, a serial entrepreneur with a history of leading eight startups to initial public offerings.
The firm's business model centers on providing cybersecurity protection and secure data lifecycle management for vehicles and fleets through a subscription-based service. This model aims to transform the high cost of automotive security into a recurring revenue source for manufacturers while offering them liability protection against zero-day attacks. Trillium serves a diverse client base that includes automotive manufacturers, fleet operators, insurance companies, aerospace and defense organizations, and mobility-as-a-service providers. Revenue is generated by on-selling Security as a Service (SaaS) through automakers or insurers to vehicle owners.
Trillium Secure offers a multi-layered suite of software products, including SecureGO, SecureIXS, SecureOTA, and SecureSKYE, designed to harden vehicles against cyber-attacks and ensure the integrity and privacy of data. The platform facilitates the secure harvesting, aggregation, and analysis of vehicle data for various applications like digital forensics, usage-based insurance (UBI), preventative maintenance, and car sharing. A key offering is its Cyber-Security as a Service (C-SaaS) platform, which uses machine learning and AI to protect vehicles in real-time. The company has engaged in partnerships with major industry players, including a joint development effort with NXP Semiconductors to combine its SecureCAR software with NXP's hardware. Trillium has raised a total of $15 million in funding over four rounds, with a significant Series A round of $11 million in July 2018 led by JAFCO Group. Other notable investors include Airbus Ventures, DBJ Capital, and Global Brain.
Keywords: automotive cybersecurity, connected vehicles, autonomous vehicles, vehicle data management, IoT security, fleet security, cybersecurity as a service, C-SaaS, secure data lifecycle, vehicle-to-everything (V2X), over-the-air updates (OTA), intrusion detection, usage-based insurance, telematics data, David Uze, JAFCO Group, NXP Semiconductors partnership, SecureCAR, SecureIoT