Telefónica Launches New VC Focused on the Cybersecurity Sector

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By Michela Menting | 4Q 2020 | IN-5970

 

Telefónica Tech Ventures

NEWS

Telefónica recently announced the launch of Telefónica Tech Ventures, a Venture Capital (VC) firm that will focus on investments in the cybersecurity field. It is supported by Telefónica Innovation Ventures, the company’s Corporate Venture Capital, and ElevenPaths, Telefónica’s cybersecurity company. The new VC already has nine companies in its startup portfolio and plans to invest in six more over the next 3 years. Areas of investment interest for Telefónica Tech Ventures include System-on-Chip (SoC) automation, threat intelligent, new phishing, network security, data security, cloud security, IoT security, home security, cyber for Small and Medium Enterprises (SMEs), and identity management.

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