Tech Company Financing Transactions
Fenix24 Funding Round
On 3/16/2023, Fenix24 received $5 million in financing from Eos Venture Partners.
Transaction Overview
Company Name
Announced On
3/16/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Eos Venture Partners (Lead Investor) (Zach Powell)
Proceeds Purpose
New Investment will help Fenix24 scale operations to meet growing market demand for ransomware response and recovery
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
1513 Cowart St
Chattanooga, TN 37408
USA
Chattanooga, TN 37408
USA
Phone
Website
Email Address
Overview
FENIX24 is the industry-leading Disaster Recovery and Restoration service. We've been recognized by industry leaders in the incident-response space. When your company is under attack, it's the worst day of your career. Jobs are at stake -- as is your company's reputation. That's why our special-ops teams work hand in glove with you, your forensics team, and your breach counselor to ensure the fastest response, leading to the full restoration of critical infrastructure, data, and systems. Proelium Probata. It's Latin for "battle-tested" -- and it's the tenet of Fenix24. Dramatic? Sure, but we think that when threat actors (aka "hackers") execute ransomware attacks, you need advanced, experienced responders who are equipped to fight back. Our experience is that hackers know exactly what they are doing. They have established playbooks and they attack almost daily.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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