6 days ago

CQR Secures $3M to Bolster OT Cybersecurity in Saudi Arabia

  • Saudi Arabia's operational technology cybersecurity firm, CQR, raised $3 million in funding led by Shorooq

  • The funding will be used to enhance AI-driven cybersecurity solutions, expand across the MENA region, and improve industry resilience

  • CQR's products protect critical infrastructure and are compliant with Saudi Arabian and global standards

  • Shorooq, a key player in the Middle East's venture capital landscape, has also invested in other startups in the region.

      • ProblemTechnology

      "Critical infrastructure like power plants and oil refineries are vulnerable to cyberattacks, causing massive disruptions and financial losses. Existing cybersecurity solutions are often too complex, expensive, or ineffective for these operational technology (OT) environments."

      Solution

      "CQR offers easy-to-use cybersecurity products specifically designed for operational technology. Their AI-powered system detects and mitigates threats in real-time, reducing the need for large, specialized security teams and minimizing disruptions."

      Covered on