Latest news with #ContentDisarmandReconstruction
Yahoo
24-04-2025
- Business
- Yahoo
Glasswall Announces Strategic Investment from PSG Equity
Investment to Accelerate Growth, Foster Innovation and Expand Global Reach LONDON, April 24, 2025--(BUSINESS WIRE)--Glasswall, an industry-leading provider of intelligent zero-trust file protection solutions in both the business-to-government (B2G), and business-to-business (B2B) sectors, today announced a strategic growth investment from PSG Equity, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to drive transformational growth. Using its patented Content Disarm and Reconstruction (CDR) technology, Glasswall helps to protect organizations by proactively rebuilding files to eliminate risks such as malware and ransomware. Its zero-trust cybersecurity solutions are used by government intelligence, defense, critical infrastructure and financial services clients around the world. With PSG Equity's support, Glasswall will seek to accelerate innovation, expand its product offering and strengthen its global footprint across B2G and B2B. "The need for zero-trust file protection solutions is increasing rapidly and we are thrilled to partner with the team at PSG Equity to help us meet that demand, and drive innovation in this sector," said Danny Lopez, CEO of Glasswall. "PSG Equity's seasoned expertise in scaling companies will allow us to expand our zero-trust product offering, better serve our high-profile customer base and support our strategic technology partners across the US, UK and other core markets." As the volume of data file transfer surges – alongside cloud adoption and evolving threat vectors - organizations are increasingly turning to advanced CDR solutions. Industry-wide moves towards zero-trust architectures, driven by new security directives, are accelerating this shift. "Glasswall has developed a critical and industry-leading solution that addresses the growing cybersecurity demands of governments and other high-risk environments," said Christian Stein, Managing Director at PSG Equity. "We are excited to partner with the Glasswall team as they scale their impact, accelerate innovation, and expand across government, critical infrastructure and a wider range of industries. "We are delighted to be a part of Glasswall's continued success alongside PSG Equity, and look forward to the company's next phase of growth at a time when robust and trusted cybersecurity solutions are more important than ever," said Lord Michael Spencer, Chairman of IPGL. IPGL first backed Glasswall in 2019, invested further in 2020, and will remain a significant shareholder alongside PSG Equity. Closing of the transaction is subject to customary regulatory approvals. About Glasswall Glasswall is a cybersecurity company that protects government agencies and commercial organizations from malicious files with its Content Disarm and Reconstruction (CDR) technology. Unlike traditional detection-based methods, Glasswall employs a zero-trust approach, which removes malware's ability to exist in files altogether. Glasswall's CDR technology is mandated for use as a file filter in Cross Domain Solutions by the NSA and is trusted by the world's most sophisticated security establishments. To learn more about Glasswall, visit About PSG Equity PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities, and build strong teams. Having backed more than 150 companies and facilitated over 520 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City, London, Madrid, Paris, and Tel-Aviv. To learn more about PSG, visit View source version on Contacts Media:PSG Equity pro-psg@
Business Wire
24-04-2025
- Business
- Business Wire
Glasswall Announces Strategic Investment from PSG Equity
LONDON--(BUSINESS WIRE)--Glasswall, an industry-leading provider of intelligent zero-trust file protection solutions in both the business-to-government (B2G), and business-to-business (B2B) sectors, today announced a strategic growth investment from PSG Equity, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to drive transformational growth. Using its patented Content Disarm and Reconstruction (CDR) technology, Glasswall helps to protect organizations by proactively rebuilding files to eliminate risks such as malware and ransomware. Its zero-trust cybersecurity solutions are used by government intelligence, defense, critical infrastructure and financial services clients around the world. With PSG Equity's support, Glasswall will seek to accelerate innovation, expand its product offering and strengthen its global footprint across B2G and B2B. 'The need for zero-trust file protection solutions is increasing rapidly and we are thrilled to partner with the team at PSG Equity to help us meet that demand, and drive innovation in this sector,' said Danny Lopez, CEO of Glasswall. 'PSG Equity's seasoned expertise in scaling companies will allow us to expand our zero-trust product offering, better serve our high-profile customer base and support our strategic technology partners across the US, UK and other core markets.' As the volume of data file transfer surges – alongside cloud adoption and evolving threat vectors - organizations are increasingly turning to advanced CDR solutions. Industry-wide moves towards zero-trust architectures, driven by new security directives, are accelerating this shift. 'Glasswall has developed a critical and industry-leading solution that addresses the growing cybersecurity demands of governments and other high-risk environments,' said Christian Stein, Managing Director at PSG Equity. 'We are excited to partner with the Glasswall team as they scale their impact, accelerate innovation, and expand across government, critical infrastructure and a wider range of industries. 'We are delighted to be a part of Glasswall's continued success alongside PSG Equity, and look forward to the company's next phase of growth at a time when robust and trusted cybersecurity solutions are more important than ever,' said Lord Michael Spencer, Chairman of IPGL. IPGL first backed Glasswall in 2019, invested further in 2020, and will remain a significant shareholder alongside PSG Equity. Closing of the transaction is subject to customary regulatory approvals. About Glasswall Glasswall is a cybersecurity company that protects government agencies and commercial organizations from malicious files with its Content Disarm and Reconstruction (CDR) technology. Unlike traditional detection-based methods, Glasswall employs a zero-trust approach, which removes malware's ability to exist in files altogether. Glasswall's CDR technology is mandated for use as a file filter in Cross Domain Solutions by the NSA and is trusted by the world's most sophisticated security establishments. To learn more about Glasswall, visit About PSG Equity PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities, and build strong teams. Having backed more than 150 companies and facilitated over 520 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City, London, Madrid, Paris, and Tel-Aviv. To learn more about PSG, visit
Tahawul Tech
07-04-2025
- Business
- Tahawul Tech
OPSWAT establishes office in Saudi Arabia
OPSWAT , a global leader in critical infrastructure protection (CIP) solutions, headquartered in Tampa Florida, USA, has announced the opening of its new Saudi office in the capital, Riyadh. The company reiterated its growing commitment to the Kingdom's rapidly expanding cybersecurity market and its alignment with Saudi Arabia's digital transformation initiatives. As Saudi Arabia emerges as one of the largest and fastest-growing cybersecurity markets in the Middle East, OPSWAT's establishment of a local office reflects its dedication to supporting the nation's critical infrastructure resilience. The Kingdom's cybersecurity market is projected to reach SAR 38.25 billion by 2026, driven by increasing investments in digital transformation and heightened focus on information technology. 'Saudi Arabia has become a cornerstone of OPSWAT's growth in the Middle East', said Sertan Selcuk, Vice President of METAP & CIS Region at OPSWAT. 'The establishment of our local office in Riyadh is a significant step in our ongoing commitment to the Kingdom. As demand for advanced cybersecurity solutions continues to grow, this new office enables us to better support Saudi Arabia's Vision 2030 and its ambitious digital transformation agenda. We will continue to strengthen our local partnerships and contribute to securing the Kingdom's critical infrastructure as it builds a resilient and secure digital future'. 'The opening of our new office in Riyadh is a pivotal moment for OPSWAT', said Amjad Quteifan, Regional Sales Director for Saudi Arabia, Central Gulf, and North Africa at OPSWAT. 'It's a significant step in our efforts to better serve our customers and partners in the Kingdom. With this office, we can more effectively support Saudi Arabia's digital transformation, ensuring that our cybersecurity solutions are readily available to protect critical infrastructure from emerging threats. We are excited about the opportunities to engage more closely with local stakeholders and contribute to the Kingdom's Vision 2030'. OPSWAT has achieved a remarkable four-fold year-on-year growth in Saudi Arabia, with the Kingdom now standing as the top contributor to OPSWAT's business in the MEA region. Through its partnerships with leading IT enterprises and key stakeholders, OPSWAT has built a strong reputation in the region for its innovative cybersecurity technologies. Its flagship Content Disarm and Reconstruction (CDR) technology is increasingly sought after in the Kingdom, neutralizing potential threats hidden within files without compromising data integrity. The new Riyadh office will not only bring OPSWAT closer to its growing customer base but also support local talent development. Through OPSWAT Academy, the company aims to upskill Saudi cybersecurity professionals by providing certifications and training tailored to the region's unique needs. The Academy's initiatives align with OPSWAT's global SAR 37.5 million scholarship program, further reinforcing its dedication to addressing the growing demand for certified CIP cybersecurity experts in the country. The establishment of the Riyadh office is the beginning of OPSWAT's long-term growth plans in Saudi Arabia. The company is committed to expanding its footprint across critical infrastructure sectors capitalising on the increasing demand for advanced cybersecurity technologies and supporting the Kingdom's efforts to enhance its cybersecurity infrastructure and safeguard its digital economy. Image Credit: OPSWAT
Trade Arabia
06-04-2025
- Business
- Trade Arabia
OPSWAT boosts regional presence with new Riyadh office
OPSWAT, a global leader in critical infrastructure protection (CIP) solutions, headquartered in Tampa Florida, has announced the opening of its new Saudi office in the capital Riyadh. The US company's move comes at a time when the kingdom is emerging as one of the largest and fastest-growing cybersecurity markets in the Middle East. OPSWAT's establishment of a local office reflects its dedication to supporting the nation's critical infrastructure resilience. The Saudi cybersecurity market is likely to balloon to SAR38.25 billion ($10.2 billion) by 2026, driven by increasing investments in digital transformation and heightened focus on information technology. The Florida company reiterated its growing commitment to the kingdom's rapidly expanding cybersecurity market and its alignment with Saudi Arabia's digital transformation initiatives. "Saudi Arabia has become a cornerstone of OPSWAT's growth in the Middle East," remarked Sertan Selcuk, Vice President of METAP & CIS Region. "The establishment of our local office in Riyadh is a significant step in our ongoing commitment to the Kingdom. As demand for advanced cybersecurity solutions continues to grow, this new office enables us to better support Saudi Arabia's Vision 2030 and its ambitious digital transformation agenda," he stated. "We will continue to strengthen our local partnerships and contribute to securing the Kingdom's critical infrastructure as it builds a resilient and secure digital future," he noted. Amjad Quteifan, Regional Sales Director for Saudi Arabia, Central Gulf, and North Africa at OPSWAT, said: "It's a significant step in our efforts to better serve our customers and partners in the kingdom. With this office, we can more effectively support Saudi Arabia's digital transformation, ensuring that our cybersecurity solutions are readily available to protect critical infrastructure from emerging threats." "We are excited about the opportunities to engage more closely with local stakeholders and contribute to the Kingdom's Vision 2030," he stated. OPSWAT has achieved a remarkable four-fold year-on-year growth in Saudi Arabia, with the Kingdom now standing as the top contributor to OPSWAT's business in the MEA region. Through its partnerships with leading IT enterprises and key stakeholders, OPSWAT has built a strong reputation in the region for its innovative cybersecurity technologies. Its flagship Content Disarm and Reconstruction (CDR) technology is increasingly sought after in the Kingdom, neutralizing potential threats hidden within files without compromising data integrity. The new Riyadh office will not only bring OPSWAT closer to its growing customer base but also support local talent development. Through OPSWAT Academy, the company aims to upskill Saudi cybersecurity professionals by providing certifications and training tailored to the region's unique needs. The Academy's initiatives align with OPSWAT's global SAR37.5 million scholarship program, further reinforcing its dedication to addressing the growing demand for certified CIP cybersecurity experts in the country. The establishment of the Riyadh office is the beginning of OPSWAT's long-term growth plans in Saudi Arabia.
TECHx
04-04-2025
- Business
- TECHx
OPSWAT Expands to Riyadh to Boost Cybersecurity in Saudi Arabia
OPSWAT Expands to Riyadh to Boost Cybersecurity in Saudi Arabia News Desk - Share OPSWAT, a global critical infrastructure protection (CIP) solutions company, has announced the opening of its new office in Riyadh, Saudi Arabia. Headquartered in Tampa, Florida, USA, the company continues to expand its presence in the Middle East. This move highlights OPSWAT's growing commitment to the Kingdom's cybersecurity sector. It also aligns with Saudi Arabia's digital transformation goals under Vision 2030. Saudi Arabia is one of the fastest-growing cybersecurity markets in the region. Experts project the market to reach SAR 38.25 billion by 2026. With rising investments in IT and digital transformation, demand for advanced solutions is increasing rapidly. According to Sertan Selcuk, Vice President of METAP & CIS Region at OPSWAT, 'The Riyadh office is a key step in supporting the Kingdom's digital journey. It allows us to work more closely with partners and help protect the nation's critical infrastructure.' Amjad Quteifan, Regional Sales Director for Saudi Arabia, Central Gulf, and North Africa, added, 'This expansion strengthens our ability to serve local customers. We're excited to engage with stakeholders and support Saudi Arabia's Vision 2030.' The company has seen four-fold year-on-year growth in Saudi Arabia. It is now the top contributor to OPSWAT's business in the MEA region. This success comes from strong partnerships and demand for technologies like its Content Disarm and Reconstruction (CDR) solution. CDR helps eliminate hidden threats in files without affecting data integrity. The new office also supports local talent development. Through OPSWAT Academy, the company will offer cybersecurity certifications and training. These programs are tailored to local needs and backed by a SAR 37.5 million global scholarship initiative. This expansion is just the beginning. OPSWAT plans to grow further across critical sectors in the Kingdom. The goal is clear: help build a secure, resilient digital future for Saudi Arabia.
