VS2 Secures $2 Million in Seed Financing to Complete Development of an Inherently Secure Computing Architecture
WALTHAM, Mass., June 3, 2015 /PRNewswire/ -- Cybersecurity start-up Virtual Software Systems (VS2), announced today that it has closed a $2 million round of seed funding from Bulldog Investors, Sequel Capital Management, and a number of private investors to accelerate the development of a new, inherently secure computing architecture. With this investment, VS2 will hire additional engineering talent and develop partnerships to bring its solution to market later this year.
"VS2 has the potential to make computers orders of magnitude more secure – without actually changing the underlying systems in place today," said George Hazlett at Bulldog Investors. "Given the team's pioneering work in computer science, they are among only a handful of system-design architects in the world who could possibly conceive of and create such a novel innovation."
VS2's engineering team, led by CTO Richard Fiorentino, co-founder of Marathon Technologies and a pioneer in modern, fault-tolerant computing architectures, undertook the challenge of rethinking security at the most basic level of computing – application execution. The company's solution couples the economics of virtualization with an entirely new systems approach to create a software-defined computing architecture that automatically rejects erroneous behavior caused by exploits, bugs or failures.
"We've been working quietly over the last two years, challenging our team to rethink the very fundamentals of computing," said John Conway, CEO of VS2. "Until recently, our innovation would have been inconceivable. But advances in virtualization, combined with the unique perspective and expertise of our senior team, have enabled us not only to break new ground in cybersecurity, but in computer science as well."
VS2 developed its approach to address the fundamental lack of security in today's computers and networks. Current systems were designed to meet a demand for computing power, speed and efficiency, not security. Rather than trying to correct this through so-called "clean sheet" (forklift replacement) or hybrid hardware/software methodologies, solutions that are both costly and impractical, VS2's software-only innovation allows legacy applications to run using existing systems with an exceptional degree of security. It is adaptable to virtually any platform, from servers to end points to the Internet of things (IoT).
The VS2 founding team holds more than a dozen computer design patents and is responsible for many foundational technologies that support today's complex computer and network infrastructures.
About Virtual Software Systems, Inc.
Virtual Software Systems (VS2) is a cybersecurity venture focused on transforming the reliability and security of enterprise applications and data. With a team responsible for numerous computer industry innovations, VS2 has developed technology that provides a new system-level approach to security that fundamentally changes the vulnerability of computers to attack.
Based in Waltham, Mass., the company is privately funded.
Please visit VS2 on the Web at www.vs-2.com.
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SOURCE Virtual Software Systems, Inc.
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