US-based cybersecurity software developer Trillium Secure has received $11m in series A2 funding from investors including aerospace manufacturer Airbus, rail operator Deutsche Bahn and financial services firms Mitsubishi UFJ and Tokyo Century.
Venture capital firm Jafco led the round, which also featured Plug and Play Ventures, the VC arm of innovation platform Plug and Play Tech Center.
Airbus, Deutsche Bahn and Mitsubishi UFJ invested through respective subsidiaries Airbus Ventures, Deutsche Bahn Digital Ventures and Mitsubishi UFJ Capital.
Trillium supplies cybersecurity and data management software for smart vehicles and fleets, supplying the technology to clients including fleet operators, rides hailing service providers, carmakers, insurers, aerospace companies, mobile network owners and telematics integrators.
The funding will be used to expand the company’s sales, marketing, engineering and customer support teams.
Lewis Pinault, Airbus Ventures’ managing partner for Japan and Asia Pacific, said: “We support entrepreneurs with unique ideas, value-added solutions and disruptive business models.
“Trillium represents these elements and is exactly the type of partner we want when making strategic investments. Trillium has developed an effective lifecycle solution to securing mission critical data suitable for use across the transportation industry.”
The round took Trillium’s overall funding to $15m, it said. VC firm Global Brain led a series A round of undisclosed size for the company in July 2016.