Repsol Corporate Venturing has invested in the cybersecurity startup CardinalOps - Capital-Riesgo.es
Summary
Repsol Corporate Venturing (Repsols corporate investment vehicle) has invested in the cybersecurity startup CardinalOps, joining an investment round led by IN Ventures, a Sumitomo Corporation fund, which will boost the companys commercial expansion.CardinalOps is a cybersecurity company with great projection in the sector, founded by experts in the field in 2020, which offers an innovative solution in the field of digital security. CardinalOps technology incorporates the attackers vision and uses Machine Learning, a discipline that allows computers to learn on their own and perform tasks autonomously without the need to be programmed, to improve threat detection. Its SaaS platform allows the automation of processes and optimize the use of existing detection tools.Cybersecurity has become a cornerstone for businesses due to the increasing number and sophistication of cyberattacks. The digital environment is vast and continually expanding, which is why it is essential to have a resilient detection posture in the face of the current threat landscape. Cyberattacks are increasingly common in businesses globally, posing a threat to data integrity and business continuity, as well as having a catastrophic impact on business reputations and finances.The security world consists of many subfields that combine artificial intelligence, machine learning, and automation technologies to detect attackers.There is a gap between the current cybersecurity market and the potential market, so investing in CardinalOps is a great opportunity for Repsol