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Today: May 24, 2024
December 19, 2023
1 min read

Salvador Tech secures staggering $6M investment for groundbreaking innovations.

Summary:

  • Salvador Technologies, a cyber-attack recovery platform based in Rehovot, Israel, has raised $6.6M in funding.
  • The funding round was led by Pico Venture Partners, with participation from existing investors such as Pitango VC and Sarona Partners.
  • The company plans to use the funds to expand its operations and business reach.
  • Salvador Technologies provides security failover technology for cyber-attack recovery and downtime prevention in industrial control systems (ICS) and operational technology (OT) organizations.
  • The company’s solution bypasses standard cyber-attack recovery protocols and forensics measures, minimizing downtime and regaining operations within a 30-second timeframe.
  • The company’s customer base includes multinational manufacturing corporations in various industries and critical infrastructure organizations in multiple geographies.

Salvador Technologies, a cyber-attack recovery platform based in Rehovot, Israel, has raised $6.6M in funding. The funding round was led by Pico Venture Partners, with participation from existing investors such as Pitango VC and Sarona Partners. The company plans to use the funds to expand its operations and business reach.

Salvador Technologies provides security failover technology for cyber-attack recovery and downtime prevention in industrial control systems (ICS) and operational technology (OT) organizations. Its solution bypasses standard cyber-attack recovery protocols and forensics measures, minimizing downtime and regaining operations within a 30-second timeframe.

The company’s customer base includes multinational manufacturing corporations in industries such as chemical, food, automotive, and aerospace. It also serves critical infrastructure organizations including national maritime ports, healthcare centers, water, and energy providers in multiple geographies.

This funding provides Salvador Technologies with the resources to expand its operations and reach new customers. By offering a fast and efficient solution for cyber-attack recovery and downtime prevention, the company aims to provide industrial control systems and operational technology organizations with added security and peace of mind. With cyber-attacks becoming more prevalent and sophisticated, Salvador Technologies plays a crucial role in protecting critical infrastructure and ensuring the continuity of operations. The company’s 30-second recovery timeframe sets it apart from traditional recovery protocols, allowing organizations to quickly recover from cyber-attacks and resume normal operations.

The participation of investors such as Pico Venture Partners, Pitango VC, and Sarona Partners signifies confidence in the potential and value of Salvador Technologies. These investors likely see the importance and demand for cyber-attack recovery solutions in the current threat landscape. By supporting Salvador Technologies, they are investing in the future of cybersecurity and helping organizations mitigate the risks associated with cyber-attacks.

In conclusion, Salvador Technologies’s latest funding round brings significant financial backing for the company’s cyber-attack recovery platform. With plans to expand operations and its business reach, Salvador Technologies is well-positioned to capitalize on the growing demand for efficient and effective cybersecurity solutions. The company’s security failover technology and 30-second recovery timeframe set it apart from competitors, making it a valuable resource for industrial control systems and operational technology organizations.

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