Electronics & Devices

Investment in the cyber security field

Kanematsu has joined the Cyber Innovation Partners II fund (hereinafter the "Fund") established by Allegis Cyber (hereinafter "Allegis"), a venture capital headquartered in Silicon Valley, USA.
The Fund invests mainly in the cybersecurity area, which is an area of increasing concern for a range of business fields. It also provides discovery and growth of advanced technologies to the funds. Allegis, which manages the Fund, is headed by Mr. Robert Ackerman, who was chosen among the Top 100 Cyber Executives by Fortune magazine, and Mr. David DeWalt, who has held the position of CEO of leading cybersecurity companies such as FireEye and McAfee. The company has made investments in the cybersecurity area since 2013.
In order to participate in the Fund, Kanematsu has established a new subsidiary, Kanematsu Ventures Inc. (hereinafter "Kanematsu Ventures"). This subsidiary will not only become an investor in the Fund, but will also conduct activities for the cultivation and development of advanced technologies and new business models and for cooperation and collaboration with start-ups.
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