Yodar Shafrir (CEO), and Guy Baron (CTO), ScaleOps (company pic)
Salvador Technologies, an Israeli cybersecurity startup, raised $6 million in a Seed funding round led by Pico Venture Partners, with participation from existing investors such as Pitango VC and Sarona Partners.
At the same time, ScaleOps, an Israeli startup specializing in cloud resource management, raised $15 million in a Series A round of funding. The company has now raised $21.5 million to date.
While these might be small raises, this still counts as a good sign for Startup Nation Israel in the aftermath of the barbaric Hamas terror attack of October 7 and the ongoing Iron Swords War in Gaza, After an understandable lull during the first month of the war, it can be said that Israel’s high-tech sector is back to business as usual and even the Shekel, which lost more than 6% of its value in the weeks after October 7, has bounced back and is now trading above its October 6 value.
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Founded in 2018 by by Yodar Shafrir (CEO), and Guy Baron (CTO), ScaleOps helps B2B high-tech companies scale their sales and increase revenues by using the “right sales processes, strategies, and technology.”
ScaleOps boasts that the firm is the “industry-first Kubernetes Optimization Platform” that automatically adjusts Compute Resources to changes in real-time, streamlining a new Kubernetes experience for engineering teams.
Kubernetes, also known as K8s, is an open-source system for automating the deployment, scaling, and management of containerized applications.
Founded in 2020 by Alex Yevtushenko (CEO) and Oleg Vusiker (CTO) – the two grew up together in the southern Israeli town Kiryat Gat – Salvador Technologies provides “failover technology to recover from cyber-attacks, ensuring the operational continuity of critical assets in ICS and OT.” The company boasts that its solutions can bypass the standard recovery protocols and regain operation within 30 seconds.
The company’s expertise is based on more than ten years of experience in the National Cyber Unit and elite intelligence corps of the IDF and on the passion for contributing to the global cyber security agenda.
“The number of cyberattacks on critical infrastructures is exponentially increasing,” said Alex Yevtushenko, Co-Founder and CEO of Salvador Technologies. “The security challenges are growing, especially in light of the artificial intelligence (AI) that has penetrated into cybercrime, and the need for an effective recovery solution is critical.”
