Friday February 28th, 2025
Download the app
Copied

Saudi-Based CQR Secures $3 Million in Funding Led By Shorooq Partners

CQR raised funding to scale AI-powered cybersecurity solutions for OT, protecting sectors like oil, gas and smart cities.

Costa Pappas

Saudi-Based CQR Secures $3 Million in Funding Led By Shorooq Partners

CQR, a Saudi-based firm specialising in Operational Technology (OT) cybersecurity, has raised $3 million in funding, led by Shorooq Partners. The investment will allow CQR to enhance cybersecurity for critical infrastructure like oil and gas, power plants, and smart cities.

CQR is shifting OT cybersecurity from the traditional service-based model to a scalable, AI-powered, product-centric solution. This new approach comes at a critical time as the convergence of IT and OT increases cyber threats to national infrastructures. CQR’s flagship product aims to protect operations from cyber risks by integrating AI for threat detection, risk scoring and automated responses.

“Cyber threats in OT environments are evolving rapidly, and traditional security models are no longer enough. At CQR, we are reengineering cybersecurity for industrial operations-building innovative, product-driven solutions that make OT security accessible, efficient, and highly scalable,” said Naser Aldossary, Founder & CEO of CQR.

The funding will allow CQR to expand its capabilities and enhance its product offerings, making OT cybersecurity more accessible, efficient and scalable.

×

Be the first to know

Download

The SceneNow App
×