Cyber-attack recovery platform provider Salvador Technologies secured $6 million in funding in an effort to continue its growth path.

Pico Venture Partners led this investment round with participation from existing investors, such as Pitango VC and Sarona Partners

Salvador Technologies, which focuses on critical infrastructures and industrial organizations, built its cyberattack recovery platform with its patented security failover technology to prevent downtime damage and ensure ongoing operational continuity for Operational Technology (OT) and Industrial Control Systems (ICS).

With the average downtime period after a cyberattack up to three 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 started up in 2020 by Alex Yevtushenko, chief executive, and Oleg Vusiker, CTO, two childhood friends with vast experience in cybersecurity.

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“The number of cyberattacks on critical infrastructures is exponentially increasing,” Yevtushenko said. “The security challenges are growing, especially in light of the artificial intelligence (AI) that has penetrated into cybercrime and the need for an effective recovery solution is critical.”

The company’s rapidly expanding customer base includes multinational 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.

“Salvador solves a tremendous problem in the underserved OT cybersecurity market,” said Tal Yatsiv, general partner at Pico Venture Partners. “The company’s innovative solution acts as an insurance policy for organizations, eliminating risk by ensuring an immediate full recovery following an attack or a system malfunction.”

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