EnsureDR raises $2.5m in Series A financing round to accelerate growth
- Published: Wednesday, 30 October 2019 09:27
Disaster recovery readiness platform, EnsureDR, has raised $2.5m in a Series A financing round led by Awz Ventures, a Canadian venture fund focused on cutting-edge cyber and intelligence technologies. Awz is led by Founder & Managing Partner, Yaron Ashkenazi, and Advisory Committee President, the Rt. Hon. Stephen J. Harper, Canada's 22nd Prime Minister.
EnsureDR is a ‘recovery readiness solution that identifies and fixes disaster recovery plan problems prior to a disaster by automatically operating and testing the secondary sites on a weekly basis’.
Yaron Ashkenazi remarked, "EnsureDR is a revolutionary solution for all private sector entities which need visibility into their disaster recovery status. We have immense confidence in EnsureDR’s founders and team to continue to develop market-leading tools for industry professionals to monitor and maintain their disaster readiness plans. EnsureDR will add a new layer of safety, stability, and continuity to companies around the world."
Uri Shay, CEO of EnsureDR said, “Currently, disaster recovery solutions are based on replication from the primary site to the secondary site. But that is missing the major aspect of recovery: making sure businesses can continue to function from a working secondary site. In reality, over 40 percent of disaster recovery downtime is caused by replication incompatibility between the primary and secondary sites.”
Shay stated, “The EnsureDR Recovery Readiness Score will position EnsureDR as the Recovery Readiness standard. Testing and exercising are the most important stages of disaster recovery and business continuity planning; the EnsureDR Recovery Ready Platform automates the testing & exercising phase. Having an automatically tested, audited, and verified disaster recovery plan is necessary for a business’s survival. You don’t get second chances when disaster strikes.”