2 mins read

Venture Debt Financer River SaaS Capital Welcomes Cytellix Corporation to its Growing Portfolio

View the full post on prweb.com

CLEVELAND (PRWEB) APRIL 20, 2022

Venture debt financer River SaaS Capital has added software company Cytellix Corporation (Cytellix) to its expanding portfolio of high-growth companies, providing crucial capital to help the Arizona firm scale its patented cybersecurity SaaS platform. River SaaS Capital has agreed to provide up to $5 million in financing based upon the terms of the deal.

Launched in 2017 as the cyber division of Information Management Resources, Inc. (IMRI), Cytellix Corporation year-on-year growth enabled a spin-out in 2021 and recently completed a major rebranding effort, highlighting their innovative SaaS platform that brings cybersecurity, compliance and risk management under one patented platform.

“We are very excited to welcome Cytellix to our portfolio,” said River SaaS Capital Chief Investment Officer Wendy Jarchow. “There are very few companies capable of combining such strong SaaS expertise with decades of proven cybersecurity experience.”

“As we searched for a partner to provide growth capital, we were immediately attracted to River SaaS Capital because of their knowledge in our space,” added Cytellix President and CEO Brian Berger. “They understand how SaaS businesses like ours operate and how to provide the kind of flexible support we need to scale rapidly.”

Cytellix’s patented SaaS platform correlates cyber compliance data, IT, cloud and IOT assets into a 24/7 advanced threat detection and response platform. Combined with in-house AI solutions and data from third-party security products, the platform can be customized to fit the needs of virtually any user, from small business owners to massive enterprise clients.

This unique solution immediately attracted the attention of River SaaS Capital, whose team has developed a strong understanding of the cybersecurity industry landscape.

View the full post on prweb.com

0 Comments

Women Leaders of Octane Quarterly Meeting (January 2024)

Virtual

Please join Women Leaders of Octane for our virtual quarterly meeting, Wednesday, January 17 from 12 – 1 pm PST, featuring Spotlight Thought Leader, Celine Martin, Company Group Chairman, Cardiovascular […]

Aesthetics Tech Forum

Balboa Bay Resort 1221 West Coast Highway, Newport Beach, CA, United States

Octane’s Aesthetics Tech Forum is the premier event for physicians, industry professionals, investors, and entrepreneurs in the aesthetics technology space. Our Forum brings together thought leaders and innovators to explore […]

Women Leaders of Octane Quarterly Meeting (April 2024)

Virtual

Please join Women Leaders of Octane for our virtual quarterly meeting, Wednesday, April 17 from 12 – 1 pm PST, featuring our Spotlight Thought Leader, to be announced. In addition […]

Tech Innovation Forum 2024

AV Irvine 16500 Scientific, Irvine, United States +1 more

Tech Innovation Forum 2024 will focus on the acceleration of innovation in technology. The Forum will concentrate on topics such as the next industrial revolution - the role that Southern […]

Ophthalmology Tech Forum 2024

Newport Beach Marriott Hotel & Spa 900 Newport Center Drive, Newport Beach, CA, United States

At Ophthalmology Tech Forum, industry, key opinion leaders, and top ophthalmologists discuss the future of the industry. The event is held annually in Orange County, the center for Ophthalmology in […]

Women Leaders of Octane Quarterly Meeting (July 2024)

Virtual

Please join Women Leaders of Octane for our virtual quarterly meeting, Wednesday, July 17 from 12 – 1 pm PST, featuring our Spotlight Thought Leader, to be announced. In addition […]

Cardiovascular Tech Summit 2024

VEA Newport Beach 900 Newport Center Dr., Newport Beach, CA, United States

Octane’s Cardiovascular Tech Summit will synergize innovative solutions in cardiology with physicians, industry strategics, and investors convening together to advance patient care. The Summit will explore the unmet needs in […]

High Tech Awards 2024

AV Irvine 16500 Scientific, Irvine, United States

The highly anticipated High Tech Awards are a tribute to the leading innovators, entrepreneurs, and technology visionaries in Orange County. We invite you to join us for the 2024 High […]

Octane’s Medical Innovation Forum 2024

Irvine Marriott 18000 Von Karman Avenue, Irvine, CA, United States

Join us at Medical Innovation Forum 2024 as we collaborate with industry experts, strategics, physicians, entrepreneurs, and investors who have made significant strides toward an accelerated future in the medical […]

Women Leaders of Octane Quarterly Meeting (Oct 2024)

Virtual

Please join Women Leaders of Octane for our virtual quarterly meeting, Wednesday, October 16 from 12 – 1 pm PST, featuring our Spotlight Thought Leader, to be announced. In addition […]

Contact Us.

 

info@octaneoc.org

949.459.3366

4041 MacArthur Blvd, Suite 260 Newport Beach, CA 92660

 

© 2023 Octane
Share This