Victoria’s aDolus Technology, a global authority on software intelligence for critical infrastructure, today announced that it has raised a USD $2.5 million financing round.
The oversubscribed funding round follows a year marked by high profile software supply chain attacks and increasing cybersecurity initiatives from the U.S. government. The company will use the funds to pursue an aggressive go-to-market strategy, timed to meet the sharply growing demand for supply chain security solutions, particularly in critical industries.
“The timing is ideal; the aDolus technology is mature, we’re working with major automation companies, and supply chain security has become front page news,” says Rod Campbell, CEO of aDolus.
“Expect to see a major investment in our sales and marketing efforts to promote our FACT platform — the only solution in the market using artificial intelligence (AI) and machine learning to tackle some of cybersecurity’s most intransigent problems,” he adds.
The company has already begun its more aggressive push with the recent hire of Jeff Rosen as VP of Sales. Rosen, who brings decades of enterprise software experience, is building out the aDolus sales organization in North America.
In addition, cybersecurity leader Ron Brash has joined aDolus as VP of Technical Research & Integrations to drive strategic partnerships and support product development.