Ostra Cybersecurity Secures Capital to Bring Fortune 100-Caliber Protection to Small and Mid-Sized Businesses

Ostra Cybersecurity, a company that provides a multi-layered, comprehensive and fully managed solution to simplify cybersecurity for small to mid-sized businesses, announced that they have recently raised $3.5 million in Series A funding led by Rally Ventures, with participation from founding investor Jeff Cowan.

More than 75% of cyber attacks target small and mid-sized businesses (SMBs) with the average total cost of a data breach reaching nearly $3 million in 2021. It’s critically important for businesses of all sizes to keep systems and data secure from cybercriminals, but best-in-class, enterprise-grade protection has not always been accessible or affordable for most SMBs.

Ostra’s comprehensive solution provides SMBs with access to cybersecurity that rivals the type of protection the world’s largest companies rely on. Ostra combines the latest generation of cybersecurity tools, technology and talent into one fully managed service that protects against email threats, ransomware attacks, malware infiltration and more.

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The funding will support Ostra’s business development and operational initiatives to strengthen and expand its channel partner relationships. “This investment helps us navigate a time of rapid growth while continuing to provide breakthrough solutions as the trusted cybersecurity team for our clients and partners,” said Paul Dobbins, Chief Growth Officer of Ostra.
“Every business should have access to best-in-class data protection,” said Ostra Cybersecurity President Joe Johnson. “Cybercriminals are increasingly going after SMBs and Ostra is passionate about ensuring they have what they need to protect their data so clients can sleep at night knowing our team is fully managing their security environment.”

“Cybersecurity challenges are overburdening SMBs. Ostra delivers big company technology to make cybersecurity accessible to businesses of all sizes,” said Michael Jennings, Venture Partner at Rally Ventures. “The Ostra executive team are entrepreneurs with decades of experience in cybersecurity and strategic operations. We look forward to joining them in their mission to simplify cybersecurity for SMBs.”

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