REHOVOT, Israel, Dec. 18, 2023 /PRNewswire-PRWeb/ - Salvador Technologies, the pioneering cyber-attack recovery platform provider for critical infrastructures and industrial organizations, today announced that it has secured $6m in funding.
Salvador Technologies' investment round was led by Pico Venture Partners, with participation from existing investors such as Pitango VC and Sarona Partners, who continue to play an essential role in shaping the company.
Salvador has built its market-leading cyber-attack recovery platform with its patented security failover technology to prevent downtime damage and ensure ongoing operational continuity for Operational Technology and Industrial Control Systems.
With the average downtime period after a cyber-attack being up to 3 weeks and leading to the majority of direct and indirect damages, Salvador Technologies' platform bypasses standard recovery protocols and allows critical infrastructure operators and industrial enterprises to recover from attacks and any malfunction within only 30 seconds.
Salvador Technologies was founded in 2020 by Alex Yevtushenko and Oleg Vusiker, two childhood friends, innovation enthusiasts, with vast experience in cyber security.
The company's rapidly expanding customer base includes multi-national manufacturing corporations in the chemical, food, automotive, and aerospace industries as well as critical infrastructure organizations such as national maritime ports, healthcare centers, water, and energy providers in multiple geographies.
Founded in 2020, Salvador Technologies provides security failover technology for cyber-attack recovery and downtime prevention in Industrial Control Systems and Operational Technology organizations.
Its innovative solution bypasses standard cyber-attack recovery protocols and forensics measures, minimizing downtime, and regains operations within an astonishing 30-second timeframe.
The company's platform is used by some of the world's most secure critical infrastructure organizations, including manufacturing, aerospace, maritime, energy, and water companies.
This Cyber News was published on www.darkreading.com. Publication date: Wed, 20 Dec 2023 00:00:07 +0000