Funds will be used to accelerate development of RecoverGuard™, a suite of Business Continuity Management Software solutions
Hertzlia, ISRAEL, January 3, 2006 – Continuity Software Inc., a leading provider of Business Continuity software solutions, announced today that it has received an investment of approximately $1M from the Office of the Chief Scientist of the Israeli Ministry of Industry and Trade (OCS). The funding supplements the recently announced round of venture funding led by Giza Venture Capital.
“We are proud with the vote of confidence by the Office of the Chief Scientist and are delighted to continue and contribute to the growth of the technology industry in Israel”, said Gil Hecht, Founder and Chief Executive Officer of Continuity Software. “Our team is committed to solving the Business Continuity complexity crisis by bringing the leading Data Protection Management solutions to market.”
Continuity Software is well positioned to capitalize on the growing demand for Business Continuity and Data Protection Management solutions that helps companies enhance their recovery readiness while significantly reducing costs. The patent pending RecoverGuard™ solution helps customers ensure that all critical data is properly protected, and enforces the Business Continuity SLA.
About Continuity Software, Inc
Founded in 2005, Continuity Software, Inc is the leading provider of Business Continuity management software. Our flagship product, RecoverGuard™, is the first Business Continuity monitoring solution which empowers customers to effectively manage Business Continuity implementations, ensure their critical business data is protected, and maintain Business Continuity SLA. For more information, please visit www.ContinuitySoftware.com
Media Contacts:
Continuity Software, inc: PR@ContinuitySoftware.com
+1 646 216 8628