Tech Company Financing Transactions

Fenix24 Funding Round

On 3/16/2023, Fenix24 received $5 million in financing from Eos Venture Partners.

Transaction Overview

Company Name
Announced On
3/16/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors

Eos Venture Partners (Lead Investor) (Zach Powell)

Proceeds Purpose
New Investment will help Fenix24 scale operations to meet growing market demand for ransomware response and recovery

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
1513 Cowart St
Chattanooga, TN 37408
USA
Email Address
Overview
FENIX24 is the industry-leading Disaster Recovery and Restoration service. We've been recognized by industry leaders in the incident-response space. When your company is under attack, it's the worst day of your career. Jobs are at stake -- as is your company's reputation. That's why our special-ops teams work hand in glove with you, your forensics team, and your breach counselor to ensure the fastest response, leading to the full restoration of critical infrastructure, data, and systems. Proelium Probata. It's Latin for "battle-tested" -- and it's the tenet of Fenix24. Dramatic? Sure, but we think that when threat actors (aka "hackers") execute ransomware attacks, you need advanced, experienced responders who are equipped to fight back. Our experience is that hackers know exactly what they are doing. They have established playbooks and they attack almost daily.
Profile
Fenix24 LinkedIn Company Profile
Social Media
Fenix24 Company Twitter Account
Company News
Fenix24 News
Facebook
Fenix24 on Facebook
YouTube
Fenix24 on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Mark Grazman
  Mark Grazman LinkedIn Profile  Mark Grazman Twitter Account  Mark Grazman News  Mark Grazman on Facebook
Co-Founder
Heath Renfrow
  Heath Renfrow LinkedIn Profile  Heath Renfrow Twitter Account  Heath Renfrow News  Heath Renfrow on Facebook
Co-Founder
John Smith
  John Smith LinkedIn Profile  John Smith Twitter Account  John Smith News  John Smith on Facebook
Co-Founder
Brandon Williams
  Brandon Williams LinkedIn Profile  Brandon Williams Twitter Account  Brandon Williams News  Brandon Williams on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/16/2023: Engrain venture capital transaction
Next: 3/16/2023: Seldon venture capital transaction

 

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Where The Data Comes From

We do our best to document every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.

 


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