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OnBoard Security Receives Funding and Completes Planned Separation from

Security Innovation

OnBoard Security, a leader in IoT security, announced a major commitment from a private investor
as part of their first round financing. It represents a significant portion of the company’s overall
funding target, the balance of which is expected to close at the end of January. The investment will
be used to increase engineering staff, add features to the Aerolink V2V security software, and
develop new trusted computing products to complement its industry-leading TrustSentinel TSS 2.0
product.

Wilmington, MA, January 08, 2018 --(PR.com)-- OnBoard Security, a leader in IoT security, announced
a major commitment from a private investor as part of their first round financing. This investment has
made it possible for OnBoard Security to complete the previously announced spin-off from Security
Innovation. It also represents a significant portion of the company's overall funding target, the balance of
which is expected to close at the end of January. The current Security Innovation investors will continue
to hold shares in OnBoard Security.

The investment will be used to increase engineering staff, add features to the award-winning Aerolink®
V2V security software, and develop new trusted computing products to complement its industry-leading
TrustSentinel TSS 2.0 product.

“I am excited about jumpstarting our next phase of growth, and we are already adding the staff needed to
accelerate the development of new products and the delivery of first-class support to our customers and
partners,” said Peter Samson, President and CEO of OnBoard Security. “We are also expanding our board
of directors to include leaders from the automotive and semiconductor industries.”

About OnBoard Security


OnBoard Security, headquartered in Wilmington, MA, was created to help automotive and IoT
organizations stay ahead of the curve through superior cybersecurity software and services.

For nearly 20 years, the world-renowned experts at OnBoard Security have been pioneering technologies
that protect the Internet of Things, now and for the future. We address three significant challenges:
ensuring the security and privacy of connected vehicles, accelerating the implementation of trusted
computing, and helping avoid the existential threat from quantum computers to the integrity of the
internet.

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Contact Information:
OnBoard Security
Gene Carter
978-905-6796
Contact via Email
https://www.onboardsecurity.com

Online Version of Press Release:


You can read the online version of this press release at: https://www.pr.com/press-release/739648

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