ReSec Technologies, a NYC- and Caesarea, Israel-based cyber security company that protects organizations from file-based malware threats, completed its $4m Series A round of financing.
The round was led by Hong Kong-based venture capital fund QBN Capital, with participation from HDI Group, part of Talanx, one of the largest European insurance groups, Disruptive Ventures, a boutique US-based investment house, and Pico Venture Partners.
The company intends to use the funds to double its team, to focus on expanding sales and marketing activities and to continue its R&D investment.
Led by Tal Yatsiv, Executive Chairman and CEO, ReSec Technologies provides organizations with protection from file-based malware threats (both known and unknown – “zero day”) from email, removable devices, and file-transfer threat vectors (web uploads/downloads, API, File Server), by using patented Content Disarm and Reconstruction (CDR) technology. Its ReSecure Platform is a gateway software solution, installed on-premise or on the cloud and deployed globally in highly sensitive organizations from diverse industries, including finance, critical infrastructure, defense, government, telecommunications, and airlines.