EnsureDR raises $2.5M in Series A financing round led by AWZ Ventures
San Jose, CA – October 26, 2019 – EnsureDR, the Recovery Readiness company, today announced a $2.5 million Series A investment led by Awz Ventures to fund growth. Awz is led by Founder & Managing Partner, Yaron Ashkenazi, and Advisory Committee President, the Rt. Hon. Stephen J. Harper, Canada’s 22nd Prime Minister.
EnsureDR is a pioneering recovery readiness solution that identifies and fixes Disaster Recovery Plan problems prior to a disaster by automatically operating and testing the secondary sites on a weekly basis.
EnsureDR protects global organizations in the financial services, technology, manufacturing, healthcare, and government sectors. EnsureDR automatically turns on servers, applications, databases, resources, web portals, and connects the environment to the network. With EnsureDR, organizations can completely evaluate, audit, and accurately assess their disaster recovery plans; they can resolve business recovery problems prior to an actual disaster.
Yaron Ashkenazi, Founder & Managing Partner of Awz Ventures remarked, “EnsureDR is a revolutionary solution for all private sector entities which need visibility into their disaster recovery status. We have immense confidence in EnsureDR’s founders and team to continue to develop market-leading tools for industry professionals to monitor and maintain their disaster readiness plans. EnsureDR will add a new layer of safety, stability, and continuity to companies around the world.”
Uri Shay, CEO of EnsureDR said, “Currently, Disaster Recovery solutions are based on replication from the primary site to the secondary site. But that is missing the major aspect of recovery: making sure businesses can continue to function from a working secondary site. In reality, over 40% of disaster recovery downtime is caused by replication incompatibility between the primary and secondary sites.”
Shay stated, “The EnsureDR Recovery Readiness Score will position EnsureDR as the Recovery Readiness standard. Testing and exercising are the most important stages of disaster recovery and business continuity planning; the EnsureDR Recovery Ready Platform automates the testing & exercising phase. Having an automatically tested, audited, and verified disaster recovery plan is necessary for a business’s survival. You don’t get second chances when disaster strikes.”
Founded in 2018, EnsureDR is a pioneering Recovery Readiness software. EnsureDR identifies and fixes problems prior to a disaster situation by operating the secondary sites automatically, on a weekly basis – so if a disaster does occur, your organization will still be able to function properly. The EnsureDR Recovery Readiness management tools include a comprehensive Report and Dashboard.
About Awz Ventures
Established in 2016, Awz is a Canadian hub for investment in cybersecurity, intelligence, and physical security AI-based technologies from Israel, a global leader in these sectors. Awz manages $100M between its first two venture capital funds, Awz HLS (Homeland Security) Fund I and II.
Awz is led by Advisory Committee President, the Rt. Hon. Stephen J. Harper, the 22nd Prime Minister of Canada, Founder & Board Chair, Mr. Ed Sonshine, and Founder & Managing Partner, Mr. Yaron Ashkenazi. Awz management and advisors include former senior executives from Israeli and Canadian agencies (Mossad, ISA, CSIS, CAF), and global business and venture capital experts.