Baltimore cyber security firm Protego secures $2 million in funding

Protego, a Baltimore-based cybersecurity firm with offices in Maryland and Israel, has secured $2 million in seed funding from a group of investors led by Gula Tech Adventures and Glilot Capital Partners.

Protego aims specifically at protecting serverless enterprises that use cloud-based computing rather than their own servers.

Tsion “TJ” Gonen, CEO and co-founder of Protego, said the funding will be used to broaden its offerings and bring the products to market. The firm is working with customers on the second phase of testing now.

Its technology works by continuously scanning customer’s technology infrastructure to minimize threats.

Such security will be necessary as more companies turn to the cloud, a transformative move that will promote speed, simplicity and cost savings, said Ron Gula, the co-founder and former CEO of Columbia cybersecurity firm Tenable. His Gula Tech Adventures has been investing in start-up companies such as Protego.

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