Israeli cyber security company Votiro Cybersec has closed a $11.2 million capital raise from Australian investors, ahead of an imminent expansion down under and an IPO on the Australian Securities Exchange.
The company’s pre-IPO round, which it said was oversubscribed, saw cornerstone investor Daniel Sekers’ Divergent Group return, in addition to Redfield Asset Management and a range of undisclosed high-net-worth backers and small funds.
Votiro chief executive Itay Glick told The Australian Financial Review that interest in the round was boosted by the number of high-profile attacks in recent weeks, such as WannaCry and Petya, which he believed would have been prevented with Votiro’s technology.
Read the full article by Yolanda Redrup at the Australian Financial Review.