Cyvatar, a cybersecurity company has closed its seed round on $3m to support the launch of its all-in-one cybersecurity-as-a-service platform.
Bill Wood Ventures, an investment firm focused on the technology space, led the investment.
This equity injection will enable the company to release its new solution and increase the development of its Genesis Platform.
Cyvatar leverages installation, configuration, assessment, remediation, maintenance (ICARM) methodology, which means small and medium businesses can better meet security compliance and cyber protection.
The Genesis Platform is an outcomes-based solution that monitors systems and ensure environments are secure and safe.
In a joint statement, Cyvatar founders Corey White and Craig Goodwin said, “We believe in the democratization of cybersecurity.
“Protection from threats and breaches should not be accessible only to organizations with deep pockets and dedicated security personnel, and it shouldn’t be delivered in a shrouded black-box approach understood only by the vendor. We’re on a mission to demystify cyber defense by offering an all-in-one subscription-based service that provides organizations of any size the ability to achieve measurable security outcomes that drive quicker time-to-value without sacrificing their security postures or compliance standards.”
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