December 19, 2023 at 06:57PM
Salvador Technologies, a cyber-attack recovery platform provider, has secured $6m in funding, led by Pico Venture Partners. Founded in 2020, the company offers security failover technology for critical infrastructures, allowing recovery within 30 seconds from cyber-attacks. Their customer base includes multinational corporations and critical infrastructure organizations in various industries and geographies. For more information, visit www.salvador-tech.com.
Meeting Notes Takeaways:
– Salvador Technologies has announced securing $6 million in funding led by Pico Venture Partners, with participation from existing investors such as Pitango VC and Sarona Partners.
– The company’s cyber-attack recovery platform, with patented security failover technology, aims to prevent downtime damage and ensure ongoing operational continuity for Operational Technology (OT) and Industrial Control Systems (ICS).
– Salvador Technologies’ platform allows critical infrastructure operators and industrial enterprises to recover from attacks and malfunctions within 30 seconds, significantly reducing the average downtime period of up to 3 weeks post-cyber-attack.
– The company was founded in 2020 by Alex Yevtushenko (CEO) and Oleg Vusiker (CTO), who are childhood friends and innovation enthusiasts with extensive experience in cyber security.
– The CEO emphasized the increasing frequency of cyber-attacks on critical infrastructures and the need for an effective recovery solution.
– The company’s expanding customer base includes multinational manufacturing corporations, critical infrastructure organizations such as national maritime ports, healthcare centers, and providers in multiple industries and geographies.
– Pico Venture Partners expressed confidence in Salvador’s innovative solution, which acts as an insurance policy for organizations and ensures an immediate full recovery following an attack or system malfunction.
For more information about Salvador Technologies, please visit www.salvador-tech.com.