DefensX, which works on cyber security, which is vital in the internet and technology, announced that it has received investment from Revo Capital. In the digitalizing world, many startups have realized the importance of cybersecurity and started to develop appropriate solutions. Now, startups are undertaking different efforts to offer their customers a secure internet experience. DefensX also carries out important work on cyber security. In order to carry this work further, it received investment from Revo Capital, which makes significant contributions to Turkey's entrepreneurship ecosystem.
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DefensX Creates Solutions to Cyber Security Threats
The details of the financial information in the investment agreement between DefensX and Revo Capital have not been shared with the public. If there is a development on the subject in the following period, we will share it with you quickly.
US-based DefensX was founded in 2018 by Murat Demirten and Halis Osman Erkan. The system developed by the startup works securely on devices and networks. It produces precise solutions against cyber security threats that may arise through the internet browser. The startup designs secure internet browser technologies. These technologies can be used on computers, smartphones and laptops.
Revo Capital, which has an important place in Turkey's investment ecosystem; In the last period of 2013, it increased its opening fund of 66 million dollars. In September 2021, it successfully closed its second fund of 90 million Euros, which was in high demand. Revo Capital, which defines itself as the largest VC in Turkey, invests in innovative technological startups in Turkey, the Baltics and Eastern Europe. It meets the funding needs of early-stage B2B and B2C technologies. So far, Revo Capital has made 31 investments and 13 successful projects.
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