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Maine Venture Fund welcomes its newest portfolio company, Defendify

Maine Venture Fund is excited to welcome Defendify to our expanding portfolio of innovative, fast-growing,industry-shaping Maine startups.

Defendify is on a mission to make cybersecurity possible for all small businesses, tackling head-on the rapidly increasing need for ongoing, holistic, affordable, and scalable cybersecurity.

In today’s world, cybersecurity is a big problem for small businesses. The average cost of a data breach to a small business is estimated at $120,000, with 68% of these businesses reporting a cyberattack in the past 12 months. Since most cybersecurity solutions cater to large organizations, businesses with fewer than 500 employees have been left with few options for comprehensive protection. Enter Defendify, the all-in-one platform built to make cybersecurity accessible, manageable, and affordable for small business.

Defendify combines multiple layers of ongoing cybersecurity protection into a single dashboard, including:

  • Foundation of assessments, policies, procedures, and plans
  • Culture of employee awareness, education, training, and institutional knowledge
  • Technology that goes beyond traditional antivirus and firewalls

 

Defendify users can log in to their platform to view the various aspects of their cybersecurity program, access easy-to-read reports and grading, deploy different tools, and receive recommendations for improvement. Defendify operates under a model of continuous improvement, promoting the philosophy that cybersecurity isn’t something users do just once; like personal health, it’s a posture that needs to be strengthened in an ongoing capacity and over time.

Defendify works with channel partners, including IT managed service providers (MSPs), value-added resellers (VARs), IT professionals and others, allowing them to easily offer cybersecurity to protect their existing and future clients.

The team behind Defendify includes co-founders Rob Simopoulos and Andrew Rinaldi. Rob is a 20+ year veteran of the security industry, having successfully built and grown multiple businesses while taking on various industry advisory and board roles. Andrew brings 20+ years’ experience in digital marketing and product development, having successfully built multiple brands, products, and businesses.

Defendify’s current footprint includes both customers and channel partners throughout the United States and Canada, with plans to grow and expand throughout the SMB market. The Defendify team is located in Portland, Maine, and is accelerating quickly to bolster platform growth while rapidly expanding sales and marketing reach.

Maine Venture Fund  would like to congratulate the Defendify team and welcome them aboard. [As and aside, we recently adopted the Defendify platform as test users at MVF and feel safer already!] We look forward to supporting Defendify as they build Maine’s expertise and reputation in this burgeoning industry.

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