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Votiro Raises $4 Million in Series A Round to Neutralize Zero-Day Threats

Entirely self-funded since 2010, Votiro will use the new capital to further enhance its solutions and expand its global reach.

TEL AVIV—May 25, 2016. Votiro, a global provider of secure email gateway solutions with patented Zero-Day Exploit Protection technology, announced today the completion of a $4 million financing round led exclusively by Redfield Asset Management. The capital will be used to expand Votiro’s team and continue the rapid growth of the Company’s patented solutions and product portfolio. As part of the investment, Mr. Wrix Gasteen will join Votiro’s board as Executive Director, Asia Pacific based in Singapore.

Votiro was founded in 2010 by Itay Glick and Aviv Grafi, both veterans of the Israel Defense Forces’ elite cyberwarfare division (unit 8200), and a team of senior security experts with experience in both the public and private intelligence and security sectors.

With the sophisticated nature of today’s cyber attacks, secure email gateway solutions struggle to properly protect organizations from malicious email. Most cybersecurity solutions are designed to combat known threats, but when unknown threats—such as zero-day or undisclosed exploits—penetrate an enterprise’s network, the cost and the harm to the company’s reputation can be devastating.

By disarming threats in all files attached to incoming email messages, Votiro’s neutralization technology prevents zero-day exploits from penetrating an organization’s network. To neutralize unknown and zero-day threats, Votiro processes all attachments and removes all active code. The cleansed attachments, which preserve the integrity and functionality of the original files, can then safely continue on to the organization’s email server.

“With sandbox security solutions easily evaded, the need for an innovative and signature-less security solution has never been more crucial,” said Itay Glick, CEO and co-founder of Votiro. “This new capital will enable us to continue strengthening our offering and expanding our global reach in strategic markets.”

Mr. Gasteen has worked with several high-growth companies, serving as chief executive officer of Asia Pacific organizations with an annual turnover of billions of dollars. “Votiro’s offering is unique in the market, and I am glad to be joining the company,” said Gasteen. “This high-growth market presents a substantial opportunity for Votiro.”

“We believe that as cyber attacks increase, Votiro’s comprehensive and easy-to-deploy technology, which addresses a major security gap, is becoming a must in any company’s cybersecurity strategy,” said Gaelan Bloomfield, managing director of Redfield Asset Management. “Votiro has a strong, innovative and very talented team.”

About Votiro

Votiro provides organizations with protection against undisclosed and zero-day exploits that are used in cyber attacks. The company's secure email gateway and patented Zero-Day Exploit Protection technology cleanse incoming files of potential cyber threats. Founded in 2010, Votiro is headquartered in Tel Aviv, Israel, with sales offices in the United States and Singapore. Over the last year, Votiro has experienced significant growth and is now protecting hundreds of organizations and tens of thousands of employees.Customers include small and large enterprises, banks and other financial institutions, government agencies, energy and utility companies, telecommunications service providers, and health organizations, all of which rely on Votiro solutions to protect their critical IT infrastructure and sensitive data.

 

For more information about Votiro, see http://www.votiro.com and join us on Facebook, LinkedIn, and Twitter.

About Redfield

Redfield Asset Management is a boutique investment and advisory group based out of Sydney, Australia. Redfield provides value add investment to emerging companies. With a strong management team and advisory board Redfield partners and develops with companies in its portfolio to enhance growth.

Media Contact: Idan Yatziv

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