CHATTANOOGA, TN, Fenix24 announces $5M investment by Eos Venture Partners.
Fenix24, an industry-leading cyber disaster recovery firm that is transforming the post-breach restoration process and impact, announced a $5 million investment by Eos Venture Partners, a prominent InsurTech investor. Zach Powell, General Partner of Eos Venture Partners, will join Fenix24 as a board member.
Eos' investment will support Fenix24 in serving additional customers and further reducing downtime costs and financial impacts after a cybersecurity incident. With Fenix24, global cyber carriers, brokers and reinsurers can empower policyholders and target the most critical, damaging parts of a ransomware attack post-breach.
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