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Salvador Technologies Raises $6 Million for ICS/OT Recovery

Salvador Technologies announced a $6 million round led by Pico Venture Partners in December 2023. Here’s what the company’s ICS/OT recovery platform does—and what its performance claims establish.
From TheFinanceBase Team4 min to read
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Salvador Technologies announced a $6 million funding round on December 18, 2023, led by Pico Venture Partners, with existing investors Pitango VC and Sarona Partners participating. The company makes recovery tools for industrial control systems (ICS) and operational technology (OT)—not consumer PC repair software. The announcement did not disclose a valuation or a detailed use of funds.

Who invested in Salvador Technologies?

The December 18, 2023 announcement named Pico Venture Partners as the lead investor and Pitango VC and Sarona Partners as participants. Salvador said it was founded in 2020 and identified Alex Yevtushenko as co-founder and CEO and Oleg Vusiker as co-founder and CTO. The company did not publish a valuation in the announcement.

This was a historical funding announcement, not a newly announced round. In April 2024, Salvador separately announced an investment from Deutsche Telekom’s hubraum Fund; that later investment is distinct from the $6 million round. The company also said its platform is distributed through managed security service providers (MSSPs), systems integrators, and value-added resellers (VARs). Read the December 2023 announcement and the April 2024 investment announcement.

What does Salvador Technologies do?

Salvador sells recovery-readiness technology for industrial and critical-infrastructure environments. ICS and OT systems monitor or control physical processes, so restoring an affected workstation or server can be part of bringing an operating facility back online. Salvador’s stated focus is helping organizations restore systems after a cyberattack or other failure, rather than preventing every incident or serving as general-purpose consumer computer recovery.

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The company’s December 2023 release described a platform combining hardware, agent software, and monitoring, with patented security failover technology. Salvador described customers in multinational chemical, food, automotive, and aerospace manufacturing, as well as maritime ports, healthcare centers, water providers, and energy providers. Those customer and market descriptions come from the company.

How does the recovery platform work?

Salvador’s current FAQ describes backup management, integrity verification, and system recovery. It lists human-machine interfaces (HMIs), engineering workstations, SCADA servers, historians, and industrial application servers as protected asset categories. Its two recovery approaches differ mainly in how images are stored and how recovery is performed.

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Cyber Recovery Unit (CRU)

The CRU is a device connected directly to a protected endpoint that stores multiple trusted recovery images in physical isolation. Salvador says an operator can boot from the unit to resume operations while preserving the original system for forensic investigation. The company positions this method for critical assets where recovery should not depend on network bandwidth.

Salvador’s FAQ says CRU recovery can resume operations in under one minute. This is a vendor-stated capability; the FAQ does not provide an independent test method or guarantee that every asset or deployment will meet that timing. See Salvador’s product FAQ.

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Centralized Backup & Image Restore

For larger groups of connected systems, Salvador describes restoring complete system images from centralized storage using a Salvador Recovery USB. The company says customers can use existing network-attached storage (NAS) or enterprise storage, or its Backup Appliance. A NAS can serve as a storage location in this design, but storage alone does not provide the isolated recovery process, integrity checks, or operational procedures described by Salvador.

Using both approaches

Salvador says organizations can combine the two: CRUs for mission-critical assets and centralized recovery for larger groups of connected systems. Its FAQ also describes automated backup-integrity validation, boot testing, and isolated, non-destructive recovery testing. The appropriate arrangement depends on factors such as which assets are isolated, how many sites and endpoints must be protected, storage infrastructure, and how recovery images are validated.

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How fast can Salvador recover an OT system?

The stated speed has changed across Salvador’s materials. The December 2023 funding announcement claimed recovery within 30 seconds. The current FAQ says CRU recovery can resume operations in under one minute, while current company materials describe recovery in minutes. These are company claims from different publication dates and descriptions, not independent benchmarks; the reviewed materials do not establish a single performance figure applicable to every system or deployment.

Salvador’s homepage, accessed September 30, 2026, displayed more than 100 enterprise deployments, thousands of protected OT endpoints, and an average recovery time under one minute. The page did not provide methodology or independent validation for those company-reported figures. View the company’s current homepage.

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Which incidents and systems does the company list?

Salvador’s FAQ says its platform helps recover from ransomware, malware, operating-system corruption, hardware failures, failed updates, configuration errors, storage failures, and human error. It lists support for legacy and current Windows versions, Windows Server 2003–2022, Ubuntu, VMware, and Hyper-V. Compatibility can vary by product and configuration, so organizations evaluating a deployment should confirm support for their specific systems with Salvador.

What the funding announcement does—and does not—establish

  • Established: Salvador announced a $6 million round on December 18, 2023, led by Pico Venture Partners, with Pitango VC and Sarona Partners participating.
  • Not disclosed in that announcement: the company’s valuation and a detailed allocation of the funding.
  • Not independently established by the cited company materials: the recovery-time claims, adoption figures, or performance across different operating environments.

The funding announcement also repeated a claim that downtime after an attack can last up to three weeks, but it did not name an underlying study. It should not be treated as an independently sourced industry benchmark.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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