CloudCover and Tego Cyber Partner to Revolutionize Cybersecurity for Digital Transformation
Minneapolis, MN, January 20, 2025 (NEWSWIRE) — CloudCover, (“CloudCover®”) ML-driven cybersecurity platform specializing in automated cyber threat prevention today announced that it has closed on a partnership agreement with Tego Cyber Inc. (OTCQB: TGCB) by selling two of it’s vital technology patents in automated cybersecurity, best described as Integrated Data Traffic Monitoring Systems, and the original Security Orchestration and Automated Response (“SOAR”) patent.
“We are eager to partner with the Tego and begin collaborating to address the next generation of cybersecurity challenges to empower enterprise digital transformation,” said Stephen Cardot, CEO, CloudCover. “This alliance further expands CloudCover’s opportunity to engage federal services and enterprise customers, yet another endorsement of the scale that our patented cybersecurity technology platform is capable of providing as it relates to Tego’s cyber safety standard reaching goals.”
“We are excited to have closed on these patents, as it as it improves our balance sheet immediately and lays the groundwork for additional acquisition of more valued CloudCover technology assets.” stated Robert Mikkelsen, Tego’s Chief Executive Officer. “We will begin integrating this technology over the next several months, though we plan to start monetizing these patents as soon as possible. We anticipate merging our technologies to set the cyber safety standards.”
About Tego Cyber
Tego Cyber Inc. (OTC:TGCB) addresses critical gaps in cyber threat detection and intelligence by offering a highly curated threat intelligence feed with added context, enabling security teams to act swiftly and effectively. Tego’s platform goes beyond simply listing indicators of compromise; it provides actionable insights and detailed threat context, helping teams counter threats efficiently. Integrating seamlessly with major security and data platforms, Tego’s threat detection and correlation engine proactively identifies threats with minimal latency and comprehensive search capabilities. The Tego correlation engine allows for faster threat identification across extensive data sets, using user-friendly visualizations that enhance detection, response, and remediation speed. More details can be found at www.tegocyber.com.
About CloudCover™
CLOUDCOVER™ is a full-telemetry generative-AI XDR/SASE platform which has reimagined how cybersecurity can protect network infrastructure. By delivering advanced extended network threat prevention as a solution — eliminating malware threat at microsecond response speed, CloudCover offers the world’s first network-centric embedded cybersecurity insured platform for organizations who are finding it difficult to access affordable cyber insurance today. Learn at CloudCover and follow us on LinkedIn.
Media Contact:
John Riordan, CMO, [email protected]
