Cyber Security Startup ReSec Technologies Raises $5M

February 24, 2016 | Israeli cyber security startup ReSec Technologies has raised $5 million in a Series A financing round led by PICO Venture Partners and Founders Group. The funding will drive ongoing development of ReSec’s patented Content Disarm & Reconstruction (CDR) cyber protection technology which prevents malware and other malicious files from reaching users and the enterprise network. ReSec will also build out its New York City-based US operations with sales, support and business development personnel to better serve its growing global customer base and build partnerships with strategic resellers in the US market. Founded by CEO Dotan Bar Noy and VP R&D Oren Shnitzer, ReSec has developed a solution that is available as an on-premise offering that integrates into email, webmail, web proxy, FTP and other automated channels. The company also plans to offer its solution as a software-as-a-service to support small to medium businesses and large enterprises that take a hybrid approach to IT. The on-premise solution already supports cloud-based applications such as Microsoft Office 365 and file sharing services, and ReSec plans to rollout support to additional services during 2016.