Salvador secures investment from Deutsche Telekom to expand cyber-attack recovery platform

April 10, 2024

OT/ICS data recovery firm Salvador Technologies has secured an investment from Deutsche Telekom. The funding will be used to accelerate the expansion of the company’s sales distribution network for its cyber-attack recovery platform across the DACH region and Poland in Europe as well as in the U.S.

Deutsche Telekom executed this investment in Salvador Technologies through its hubraum Fund, the company’s early-stage investment arm. hubraum helps its portfolio companies connect with the fund’s global network of business and technology ecosystem partners and provides the opportunity to tap into Deutsche Telekom’s customer base.

Salvador Technologies will use the proceeds from this investment to accelerate the expansion of the company’s sales distribution network for its cyber-attack recovery platform.

Salvador Technologies has developed a patented security failover technology to prevent downtime damage and ensure ongoing operational continuity for OT (operational technology) and ICS (industrial control systems). The company’s cyber-attack recovery platform consists of hardware connected to the HMI or SCADA, agent software, and a monitoring system, enabling full visibility of the operations. The platform bypasses standard recovery protocols and allows critical infrastructure operators and industrial enterprises to recover from cyber-attacks and any malfunction within only 30 seconds.

The company distributes its cyber-attack recovery platform through channel partners, including managed security service providers (MSSPs), system integration (SIs) firms, and value-added resellers (VARs). These channel partners are using Salvador Technology’s air-gapped platform to offer new and improved managed cybersecurity services to ensure the operational continuity of their critical infrastructure and industrial enterprise customers.

“Deutsche Telekom is committed to ensuring business continuity, especially in light of the spike in cyberattacks against critical infrastructure and operational technology systems over the past few years and we recognize the significant potential of Salvador Technology’s recovery solution for critical systems,” said Tamar Shlimak, Investor at Deutsche Telekom’s hubraum Fund. “OT/ICS security has become increasingly important to industrial enterprises, so we are excited to have the opportunity to work with Salvador Technologies’ team and contribute to the company’s positive impact.”

“We are tremendously pleased with our strategic efforts with Deutsche Telekom both as an investor and a potentially valuable business partner,” said Alex Yevtushenko, co-founder and CEO of Salvador Technologies. “The proposed collaboration could offer significant advantages through leveraging Deutsche Telekom’s global network to potentially expand our business presence in Europe and the United States.”

Last December, Salvador Technologies raised $6 million in funding. The company’s platform safeguards against downtime-related losses as well as ensures comprehensive operational recovery and uninterrupted continuity within a 30-second timeframe. Spearheaded by Pico Venture Partners, this funding round saw continued support from steadfast investors including Pitango VC and Sarona Partners, underscoring their pivotal role in influencing the company’s trajectory.