InfiniDome Secures $2.4 Million From Investors

By James White Saturday, April 10, 2021

As technology continues to play a greater role in our everyday lives, shoring up weaknesses and gaps in security to prevent malicious cyber attacks becomes very important. From airplanes to cars and drones, high-tech vehicles and tools are prone to hacking and jamming. Startup business InfiniDome aims to secure GPS systems and ensure their continued use with its protection solutions. Investors backed the startup company to the tune of $2.4 million in a recent seed funding round.

“Financing from new and existing investors during this challenging time is a testament to our strong team and the growing need for our GPS protection technology for drones/UAS, connected fleets, critical infrastructure and defense,” said Omer Sharar, founder and CEO of InfiniDome. “...we are working on several new solutions including an exciting IoT sensor for critical assets and a cloud-based management system for monitoring and protecting attacks and signal quality at GNSS-dependent stationary or mobile assets.”

Financing for the startup company was led by Next Gear Ventures, with participation from Honeywell Ventures. Next Gear Ventures previously participated and led another seed round for the startup security business. Other backers of the startup include Aston Partners and Boundary Holding. To date, InfiniDome has raised over $5 million from investors backing the startup company.

Computer chip concept.

Resilient Navigation

Founded by Sharar in 2016, the startup business offers a suite of anti-jamming technology for commercial aircraft, unmanned aerial vehicles (UAVs), and more. The Israel-based wireless security company uses front-end software solutions to detect and counter malicious jamming signals, ensuring that the drone, aircraft, or other vehicle remains fully operational.

InfiniDome also offers its services to the maritime and fleet management industries. According to the cybersecurity startup business, jammers are “the most commonly used weapon by cargo thieves.” While combating a cyber attack and maintaining global navigation satellite system (GNSS) services for the targeted vehicle, InfiniDome aggregates data about the attack and presents the information in a private dashboard for its users. Real-time updates regarding the attack can be viewed by the assaulted company from the dashboard, allowing operators to contact the authorities immediately.

“As an early investor in infiniDome, we know we have a truly world class team that would emerge as the leader in the commercial and low SWaP GPS protection market,” said Tal Cohen, managing partner at Next Gear Ventures. “infiniDome continues to exceed their business goals and we are excited to continue our support of the company and its exceptional growth.”

Securing a Position in the Market

Market research estimates that the global GPS anti-jamming market was valued at around $4 billion in 2019 and expects the industry to grow to over $6.5 billion by 2027 at a CAGR of 6.4%. InfiniDome offers security solutions to numerous industries, leaving plenty of room for growth.

The startup business has already found traction with companies in the drone industry. Last year, Easy Aerial, a provider of autonomous drone monitoring systems, announced that its company would integrate InfiniDome’s technology into its military-grade monitoring systems.

About the Author

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James White is a Michigan State University graduate with a BS in Environmental Biology. He is interested in reporting emerging trends in technology, especially with regard to alternative energy and environmental conservation.

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