Acorus Network is reportedly raising $6 million from Partech, Elaia Partners, and Kima Ventures to protect customers whose business depends upon the internet in the fields of banking, e-commerce, gambling, and healthcare.
According to IDC Research’s recent US DDoS Prevention report, more than 50% of IT security decision-makers admit that their organization had been the victim of DDoS attacks 10 times in the past year.
These organizations also admit that 40% of these attacks have lasted longer than 10 hours.
Nowadays, DDoS Attack Services are available at much lower rates, meaning that more people can afford to launch one, putting companies and organizations at an even greater risk of facing them.
Acorus Network’s vision is to develop an innovative & customizable solution to address complex, sophisticated DDoS issues for enterprise and service provider companies alike.
They have built a large-scale, robust, and agile infrastructure which can not only detect both web and network DDoS attacks but can also mitigate them to provide greater security.
As cyber attacks grow (4000 attacks per day), so do cybersecurity business opportunities. We’ve known Acorus for some time, since they protected Scoop.it, a portfolio company, from a massive attack. I am impressed by their vision, their technology and the reputation the team has built. We are very proud and excited to be on board and confident that Acorus Networks is heading toward international success
– Marc Rougier, Partner at Elaia Partners.
High Traffic websites, e-sports, and live events are recurring targets for DDoS attacks. Acorus Network’s flexible solutions can provide extremely beneficial in such scenarios as they are designed to meet specific needs.
Additionally, the DDoS protection market keeps growing by 20% annually along with the growth of DDoS attacks.
In such a case, this service from Acorus would be quite a necessary factor for the security of multiple enterprises holding sensitive information in a manner vulnerable to such exploits.
“The DDoS protection and mitigation market continues to grow by more than 20% each year, there is no slowing down of these malicious attacks that hurt customers in indirect or indirect cost. Since Acorus’ solution is designed to answer specific industry needs, it has already met with success among leading brands.
The Acorus Networks team’s unparalleled experience in understanding system availability needs and their unique solution has helped them land some of the largest online brands, we are proud to be joining them on this journey.” said Reza Malekzadeh, General Partner at Partech.
Acorus Networks is currently working on getting new engineers and programmers along with a head of sales to structure their sales organization.