Jungo Connectivity
Jungo Connectivity is an Israeli software company that specializes in automotive software and device driver development.History
Jungo was founded in 1998 as KRFTech Ltd.. It was founded by two former Checkpoint Software Technologies employees, Derry Shribman and Ofer Vilenski, initially specializing in creating toolkits for hardware developers. In April 2000 the company changed its name to Jungo Ltd.
In April 2001, Jungo raised $7 million in its second round of financing by venture capital fund TeleSoft Partners and Infineon Ventures and the Intel Capital.
In 2003, Toshiba and Samsung became customers; in September the same year, Jungo raised $5.5 Million in a third round of funding.
On 4 December 2006 Jungo was acquired by the NDS Group for $107 million.
On 15 March 2012 Cisco Systems announced the acquisition of the NDS Group for $5B.
The Connected Home division of Jungo Ltd. became a part of the Cisco Videoscape Unity platform, through the acquisition of NDS.
