CyberSwarm, based in Ploiesti, has raised seed backing from Tim Draper.
The company builds processors that combine artificial intelligence algorithms with hardware, using deception techniques that make one device look like many and leave an attacker unable to tell which is real.
Automotive is the primary market, at a projected cost of one hundred to two hundred euros per unit, on the argument that sensors in a vehicle need security at the hardware level because software alone cannot provide it.
Getting to the cheque took about sixteen thousand emails to one thousand two hundred and fourteen investors across eight years. “The first pitch was a total disaster,” Raneti says. “I got on stage and I did not know how to explain it.” What fixed it was not more detail but a different device: analogies, because they tell a story.