Calamu, a cybersecurity startup offering next-gen resilience and near-impenetrable data protection for the enterprise, today announced that Dell Technologies Capital has made an investment in the company.
“Dell Technologies Capital brings a deep understanding of enterprise IT, and they recognize the urgent need to better safeguard data from ransomware and data breaches,” said Paul Lewis, Founder & CEO, Calamu. “We are excited to collaborate with Dell Technologies Capital as we protect the world from this surging threat.”
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Many data protection technologies continue to be circumvented by cyber attackers, resulting in record-breaking ransom payouts and long periods of business interruption. The “double extortion” ransomware technique has been used in many recent high-profile attacks, by which data is first stolen before the local environment is encrypted, giving the attacker two points of leverage to demand a payout. Calamu has created an innovative product that safeguards sensitive data, including from advanced double-extortion ransomware attacks. The multi-patented technology eliminates the downtime, cost penalties, and reputational damage commonly experienced from a ransomware attack or data breach.
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“Calamu has the potential to revolutionize how enterprise data is stored, managed, and secured,” said Raman Khanna, Managing Director, Dell Technologies Capital. “Their unique data protection technology brings a powerful solution to the ongoing fight against ransomware and other cybersecurity threats.”
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