Upstream Security
Israeli automotive cyber-security company in Herzliya, founded in 2017 by an IDF "special unit" veteran and a veteran of a technological unit in the Intelligence Corps
| Upstream Security
| |
|---|---|
| Trade name | Upstream Security Ltd. |
| Logo |  Upstream Security logo |
| Type | Private company |
| Founded | 2017 |
| Founder(s) | Yoav Levy, Yonatan Appel |
| Headquarters | 7 Sapir Street, Herzliya 4685211, Israel; US office at 280 North Old Woodward, Suite 100, Birmingham, MI 48009 |
| Industry | Cyber security; automotive data analytics |
| Services | Cloud-based cyber-security and data analytics for connected vehicles; vehicle security operations centre |
| Homepage | upstream.io |
Upstream Security (Upstream Security Ltd.) is an Israeli company, based in Herzliya, that sells cloud-based cyber-security and data-analytics services for connected cars and vehicle fleets. It was founded in 2017 by Yoav Levy and Yonatan Appel. According to the company's seed-funding announcement, Levy "served in a special unit in the Israeli Defense Forces (IDF)" and Appel "served in a technological unit in the IDF's Intelligence Corps" (Israel Defense Forces; Intelligence Corps).[1]
Founders and military service
The June 2017 announcement said that "Upstream Security was founded by security veterans Yoav Levy and Yonatan Appel in 2017. Mr. Levy, CEO, has 18 years' experience working for leading companies, including Check Point, Juniper Networks, and Broadcom. He served in a special unit in the Israeli Defense Forces (IDF). Mr. Appel, CTO, specializes in application security and network security, with 18 years' experience, including in Check Point, Imperva, and Microsoft. He served in a technological unit in the IDF's Intelligence Corps" (Check Point Software Technologies; Imperva; Microsoft).[1]
Funding
Upstream's $2 million seed round in 2017 was led by Glilot Capital Partners, with Maniv Mobility.[1] In August 2021 it announced a $62 million Series C led by Mitsui Sumitomo Insurance, a subsidiary of MS&AD Insurance Group, bringing its total funding to $105 million. The company said that it was backed by Alliance Ventures (of Renault, Nissan and Mitsubishi), Volvo Group Venture Capital, Hyundai, Nationwide Insurance, Salesforce Ventures, CRV, Glilot and Maniv, and that Delek US was among its existing investors.[2] TechCrunch reported that close to four million connected vehicles from six manufacturers were then on its platform, across the United States, Europe and Japan.[3]
The company's website gives its Israeli address as 7 Sapir Street, Herzliya, with further offices in Birmingham, Michigan, and Tokyo.[4]
See also
External links
Notes
- ↑ 1.0 1.1 1.2 Upstream Security and Glilot Capital Partners, Upstream Security Raises $2M to Protect Connected and Autonomous Fleets PR Newswire, 26 June 2017, accessed 10 November 2026.
- ↑ Upstream Security, Upstream Security Raises $62M in Series C Financing Round Upstream, 24 August 2021, accessed 10 November 2026.
- ↑ Rebecca Bellan, Automotive startup Upstream raises $62M Series C to scale cloud-based security TechCrunch, 24 August 2021, accessed 10 November 2026.
- ↑ Upstream Security, Contact Us Upstream, accessed 10 November 2026.