FirstWave Cloud Technology is a pioneering company addressing global cyber threats with innovative cloud security solutions. Founded in 2001, the company recognized the escalating danger of cybercrime, estimated to cost over US$6 trillion annually by 2021. Specializing in SaaS, FirstWave Cloud Technology launched its first managed Security as a Service (SaaS) solutions in 2004, reflecting the early stages of cloud technology. With a strong emphasis on research and development, the company aimed to create a secure, highly accessible, and intelligent portal to rapidly adapt to evolving threat landscapes. The latest investment of $2.50M in post-IPO debt was made by Formue Nord on 23 February 2024.
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