Fenix24, a Chattanooga, TN-based cyber catastrophe restoration firm, raised $5M in funding.
The spherical was led by Eos Enterprise Companions. Zach Powell, Basic Companion of Eos Enterprise Companions, will be a part of Fenix24 as a board member.
The corporate intends to make use of the funds to scale operations to satisfy rising market demand for ransomware response and restoration.
Led by CEO Mark Grazman, Fenix24, a sister firm of Conversant Group, gives an expert cybersecurity drive centered solely on restoring firms after cyber breach occasions. With Fenix24, international cyber carriers, brokers and reinsurers can empower policyholders and goal probably the most important, damaging components of a ransomware assault post-breach. Their method:
- Begins involvement at Hour One post-breach.
- Accelerates the gathering and of important information for forensics, which allows a extra fast and modularized restoration technique.
- Drives quicker up-time in important programs by means of aligning an govt view of enterprise operations with front-line, technical and battle-tested experience.
FinSMEs
17/03/2023
