There is very limited cooperation between software vendors in the industry and many claims about the intelligence and effectiveness of various solutions are exaggerated at best. “ At the same time, the cybersecurity software market is highly fragmented and opaque for most clients. “ We do not only see a growth in the number of businesses that are targeted by cyber criminals, the attacks have become more and more sophisticated and the financial and operational impact that a successful attack can have, has increased as well,” according to Ralph Chammah, CEO of OwlGaze. Globally, companies ranging from small startups to large enterprises are increasingly affected by cyber threats and they struggle to keep up. We see great potential for OwlGaze and we are proud to back such a strong and innovative team in an increasingly important market.” “There are a lot of synergies with our in-house capabilities such as AI, data engineering, and infrastructure. Read More: Dubber June 2021 Quarterly Activities Report OwlGaze offers companies an end-to-end predictive threat detection solution to identify, prioritise and prevent cyber attacks using advanced correlation and AI technology. IMS Digital Ventures, the venture building arm of Integrated Management Systems, one of the leading digital transformation agencies in Asia, is pleased to announce the closing of a US$ 1.5M pre-Seed round of OwlGaze in which it acted as the lead investor.
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