Actifile Announces a Sizable Investment Round Led by Amotz Yarden to Accelerate the Company Growth in the US
Summary
Actifile, the next generation automatic data security platform for SMEs, today announced the completion of an investment round by a seasoned group of private Israeli and US-based investors, led by Amotz Yarden, ex co-founder and CEO of SintecMedia. SMEs have traditionally been underserved when it comes to cybersecurity, as most products are built with enterprises in mind, requiring high TCO and huge IT teams. “Our vision is to enable every SME to fully protect its sensitive and private data from ransomware and insider threats, and to comply with all privacy regulations,” said Guy Bavly, Actifile’s CEO. “Ransomware and the use of Shadows IT and 3rd party SaaS apps, had rapidly become one of the top cybersecurity nightmares as cases are becoming more and more frequent and common,” said Amotz Yarden. Actifile delivers high value with a seamless and automatic solution, which eliminates most ransomware and data leakage damages, that analysts expect to exceed $100B in the coming years”.
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