The Russia-based cybersecurity software producer, which launched an accelerator last year, will invest up to $1m in strategically relevant startups.

Russia-based cybersecurity software provider has launched a corporate venturing unit that will invest up to $1m in startups.

The fund will target early-stage companies developing technology focusing on mobile and cloud security, software that can detect internet-of-things vulnerabilities, physical safety devices and innovative cybersecurity offerings.

Kaspersky intends to cooperate with accelerators across the globe in order to locate promising startups, and will share their experience and knowledge of cyber threats and malware.

The unit’s launch follows the company’s formation

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