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Recently Funded|Amount: USD 1.0M|Industry: Software Development

Bastazo Secures $1 Million in Funding for Cutting-Edge ICS Vulnerability Management Tools

Bastazo

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11-50 employees employees (Est.)
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Bastazo, a cutting-edge company specializing in vulnerability and patch management for industrial control systems (ICS), has successfully secured $1,000,000 in funding to further enhance its innovative solutions for the electric industry. With a keen focus on meeting the rigorous standards of the North American Electric Reliability Corporation Critical Infrastructure Protection (NERC CIP) regulations, Bastazo is at the forefront of helping utility providers fortify their cybersecurity defenses. The newly acquired funding will enable Bastazo to accelerate the development of its advanced suite of tools that empower organizations to effectively identify, mitigate, and manage risks associated with vulnerabilities in their operational technology. As the electric industry increasingly faces threats from cyberattacks, the company's commitment to providing a safer, more secure environment is more crucial than ever. This funding round will also support Bastazo’s efforts in expanding its market presence and scaling its operations, ensuring that more organizations can benefit from their state-of-the-art solutions. By investing in enhanced product features and robust customer support, Bastazo is poised to revolutionize the way the electric industry approaches vulnerability management, keeping critical infrastructure resilient in an ever-evolving digital landscape. With this latest development, Bastazo is not only reinforcing its position as a leader in the ICS security sector but also contributing significantly to the overall safety and reliability of the electric grid.
January 20, 2025

Buying Signals & Intent

Our AI suggests Bastazo may be interested in solutions related to:

  • Cybersecurity solutions
  • Automated vulnerability management
  • Risk assessment tools
  • Training and certification programs
  • Incident response services

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