▷ AUTOCRYPT opens new company location in Whitby, Ontario, and leads …


29.11.2021 – 14:01

AUTOCRYPT

Whitby, Ontario (ots/PRNewswire)

Industry leading autonomous driving and safe mobility company AUTOCRYPT Co., Ltd. celebrated the official opening ceremony of its new headquarters in Whitby, Ontario, in the east of the greater Toronto area.

The opening of this new location takes place seven months after the founding of the North American subsidiary Autocrypt North America Ltd. The office now serves as a regional hub for business development in the areas of Car2x, In-Vehicle, Plug & Charge and secure fleet management from AUTOCRYPT. Ontario was chosen because of its strategic importance: The Canadian province not only houses 100% of Canada’s light vehicle production, it is also located in the “supercluster” of the Great Lakes, home of the North American automotive industry.

“We are currently accelerating our discussions with OEMs, Tier 1 suppliers and EV charging providers across the continent,” said Sean HJ Cho, AUTOCRYPT President for North America. “This new corporate office brings us closer to local businesses so we can work more efficiently. Great strides are being made and we expect breakthrough results soon.”

Daniel ES Kim, CEO and Co-Founder of AUTOCRYPT, added, “Our decades of experience securing connected technology has enabled us to secure over 3,000 miles of smart roads and highways. We look forward to sharing our expertise in cyber Using security to bring not only autonomous driving, but also intelligent mobility services to Ontario and other regions. “

After closing a $ 15 million Series A financing round at the end of 2020, AUTOCRYPT has grown from a 50-strong spin-off company to a medium-sized company with over 140 employees, with some of the ten largest original equipment manufacturers as its customers and partners and Tier 1 suppliers in the world count. It is now expanding its market reach in North America and Europe with a Series B financing round, opening its doors to investors from all over the world.

If you would like to find out more about the offer and the solutions from AUTOCRYPT, please contact [email protected]

Information on AUTOCRYPT

AUTOCRYPT is the leading provider of security technologies for automotive technology and intelligent mobility. The company is paving the way for intelligent transport systems (ITS) and autonomous driving with a multi-layered, holistic approach. With security solutions for V2X, V2G (including PnC security), vehicle security and fleet management, AUTOCRYPT ensures that security is given priority before vehicles get on the road.

Press contact:

Rachel Yoon
+82-2-2125-6749
[email protected]

Original content by: AUTOCRYPT, transmitted by news aktuell


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