Whitby, Ontario – Autocrypt, a global leader in smart mobility cybersecurity solutions headquartered in South Korea has selected the Town of Whitby, in Durham Region, as the location for its newest Canadian office.
Toronto Global and Invest Durham — in collaboration with 1855 Accelerator and the Town of Whitby — helped to bring this investment to the region.
“1855, Toronto Global and Invest Durham provided a very welcoming approach by expediting partnership access, ecosystem capabilities, business introductions and provided a friendly, sincere and committed experience,” said Sean Hyun Jun Cho, Chief Executive Officer of Autocrypt North America Ltd.
“We are thrilled to welcome Autocrypt to the Toronto Region,” said Stephen Lund, CEO of Toronto Global. “Our partnership with Invest Durham and the Town of Whitby are invaluable, and the 1855 Accelerator has evolved to become a best-in-class service to our international clients, ensuring a smooth transition into the regional economy.”
“Durham Region is proud to be selected for Autocrypt’s primary Canadian office,” said Simon Gill, Director, Economic Development and Tourism, Invest Durham. “Durham Region is leading the way in advanced mobility: in Autonomous, Connected, and Electric technologies, and our region is one of the premiere geographies of innovation and economic impact in North America. We’re confident that Autocrypt is joining an innovation community that continues to solve the world’s biggest challenges.”
“We are excited to have Autocrypt choose Whitby to grow its business,” said Whitby Mayor Don Mitchell. “The investment by the Town into 1855 demonstrates our commitment to grow innovation and technology in our downtown. Autocrypt’s selection of Whitby also highlights the fact that our community is committed to smart mobility and autonomous vehicle readiness.”
Durham Region’s integrated transportation network, deep energy and automotive clusters, and talented technology and engineering workforce — fuelled by Durham College and Ontario Tech University — were factors that influenced the company’s choice to establish a regional office in Whitby.
“Durham Region is Canada’s clean tech capital and is quickly becoming the first choice for smart mobility, EV manufacturers, and clean energy innovators. Autocrypt is yet another global leader who sees the competitive advantage of joining our world class ecosystem,” said Dennis Croft, Chief Executive Officer of 1855 Accelerator. “We look forward to supporting the North American growth of Autocrypt and helping its team establish long-term roots here in Whitby.”
Listed on Forbes Asia 100 To Watch and named “Automotive Cybersecurity Company of the Year” for the second year in a row in 2021 by AutoTech Breakthrough Awards, Autocrypt has emerged as a world leader in cybersecurity for smart mobility. Autocrypt is the only automotive cybersecurity provider in the world that offers a complete security package for the entire mobility ecosystem.