Hub Security, a Tel Aviv-based startup that developed a software and hardware platform for cryptographic operations, today announced that it has raised a $5 million Series A round led by AXA Ventures. Crowdfunding platform OurCrowd also participated in this round. Like most companies at the Series A stage, the company plans to use the investment to expand its team and technology offerings. On the hardware side, Hub Security is building both a relatively standard Hardware Security Module (HSM), using FPGAs to accelerate various processes and to create a physical separation…
