PRNewswire-PRWeb/ -- Cyvatar, a cybersecurity platform tailored to serve small-and-mid-size businesses, start-ups, and supply chains, has landed a growth funding package from Decathlon Capital Partners to support its continued expansion. Details of the revenue-based investment package were not disclosed.
Cyvatar will use the capital to continue its investment in platform development and enhance its service delivery capabilities and customer service capacity. The first cybersecurity-as-a-service (CsaaS) provider allows small-and-mid-size businesses to easily implement security measures that will protect them from ransomware and BEC attacks through proven solutions.
Corey White, the Founder and Chief Experience Officer of Cyvatar, said that Cyvatar works continuously to protect businesses from vulnerabilities. "Our work doesn't stop after we help a business identify security gaps and build and implement a workable strategy," White said. "What matters most to our team is our clients' cyber safety, which we work around the clock to maintain."
Headquartered in Irvine, California, Cyvatar will repay its investment to Decathlon Capital Partners through its future revenues. Cyvatar was not required to give up any control of the company, and no equity or ownership was exchanged for growth capital.