Cork Protection, a rising force in cybersecurity and financial risk management, has landed a pivotal growth investment from Top Down Ventures, marking a significant step forward in its mission to shield Managed Service Providers (MSPs) and small to mid-sized businesses (SMBs) from escalating cyber threats. The investment, made through Top Down Ventures’ Founders Fund I, underscores the firm’s confidence in Cork’s innovative approach to proactive cyber protection.
“This investment in Cork reflects our shared belief in their potential to revolutionize cybersecurity for MSPs,” said Chris Day, Founder and Chairman of Top Down Ventures and CEO of ScalePad.
Revolutionizing Cybersecurity for MSPs
At its core, Cork’s platform is designed to provide MSPs and SMBs with AI-powered insights, proactive threat detection, and financial protection through its cyber warranty. The combination of technical safeguards and near-instant coverage for incident recovery sets Cork apart in an increasingly crowded cybersecurity market.
“Cork is built on the idea of redefining cybersecurity from the inside out,” said Dan Candee, CEO of Cork Protection. “This partnership with Top Down Ventures not only validates our mission but accelerates our ability to reach more MSPs with solutions that simplify and enhance their security operations.”
The Power Duo: Chris Day and Austin McChord
The investment also unites two influential figures in the SaaS and MSP sectors. Alongside Day, Austin McChord—founder of Datto and Outsiders Fund—brings his expertise and vision to Cork’s growth journey. Together, the pair represents a formidable alliance with a proven track record of scaling software companies.
“By combining our experiences, we aim to help Cork build a platform that MSPs can’t live without,” said Day. This alignment with ScalePad’s suite of tools hints at future opportunities for streamlined integration and enhanced security offerings for MSPs.
Rising Demand for Integrated Cyber Solutions
As cyber threats continue to evolve, the demand for solutions that blend cutting-edge technology with financial risk management has surged. Cork’s cyber warranty, which offers rapid settlement capabilities post-incident, addresses a critical gap in the market, providing MSPs with both peace of mind and operational resilience.
A Strategic Leap Forward
With backing from a distinguished group of investors, including DVx Ventures, Vestigo Ventures, and McChord’s Outsiders Fund, Cork plans to scale its operations and enhance its platform’s capabilities. The collaboration with Top Down Ventures represents more than just financial support—it’s a strategic partnership poised to redefine what’s possible in MSP cybersecurity.
As Day puts it, “This collaboration has the potential to deliver enhanced security, streamlined operations, and proactive risk mitigation for MSPs and their clients.”