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Israeli cybersecurity company ReSec raises $4 million in series A

The round, led by QBN Capital and HDI Group, will help expand the operations on a more global scale

James Spiro 09:3009.11.20
ReSec Technologies, an Israeli startup focusing on malware threat prevention and cybersecurity, today announced it has raised $4 million in funding for a series A. The round was led by QBN Capital with participation from HDI Group, one of Europe’s largest European insurance groups, Disruptive Ventures, a U.S.-based investment house, and Israel-based PICO Venture Partners.

 

“We are extremely excited to complete this round and to have QBN and Talanx join our journey,” said Tal Yatsiv, ReSec’s Executive Chairman and CEO. “The investment will allow us to expedite development and focus on growth and expansion.”
Tal Yatsiv, ReSec’s Executive Chairman and CEO. Photo: Omer Hacohen Tal Yatsiv, ReSec’s Executive Chairman and CEO. Photo: Omer Hacohen

 

The company was co-founded by Dotan Bar Noy and Oren Shnitzer and used by companies relating to banking and finance, healthcare, telecom, manufacturing, and the public sector. ReSec’s ‘Content Disarm and Reconstruction’ technology has a zero-trust approach, ensuring that every document that enters an organization is functional and threat-free from malware attacks. Its solution protects companies from both known and unknown attacks from a variety of entry points. The software solution is installed on-premise or on the cloud.

 

As well as the funding announcement, ReSec also announced that it has been awarded an innovation grant from the Israel Innovation Authority.