RADAR Cyber Security, Europe’s leading provider of cyber security solutions ‘Made and operated in Europe’, announces the successful closing of a financing round with a multi-million Euro investment.
Provided with fresh capital, the cyber security specialist headquartered in Vienna pursues to respond to the increasing demand due to recent global developments and RADAR’s growth in market leadership for cyber security “Made in Europe”.
“The topic of cyber security is experiencing a turning point. A new political situation in Europe has led to an enormous interest in our cyber security solutions. Companies as well as public institutions are facing new challenges in terms of protection. This new funding helps us as a company in responding the subsequent, future-proofing ourselves and preparing for further growth,” says Ali Carl Gülerman, CEO of RADAR Cyber Security.
Further strength for the management team
The company is also expanding the management team and will again be supported by Thomas Hoffmann as RADAR Co-Managing Director and Harald Reisinger who returned as technical advisor and interim Chief Technology Officer. The two founders of RADAR Cyber Security strengthen the existing management in the upcoming growth phase.