$10 Million Seed Funding Fuels Galvanick's Push for Industrial Cybersecurity as National Security Priority

A new episode of the "U.S. Manufacturing Today" podcast features Joshua Steinman, co-founder and CEO of GalvanickCo, who discusses the critical intersection of cybersecurity in manufacturing and the broader implications for national security. The episode, hosted by Matt Horine, delves into why reindustrialization is directly linked to a nation's security posture, emphasizing the growing threats to critical infrastructure. As stated by the podcast's social media announcement, "‼️NEW EPISODE ALERT This week on U.S. Manufacturing Today, @JoshuaSteinman of @GalvanickCo joins host Matt Horine to discuss the pressing issue of cybersecurity in manufacturing and critical infrastructure, and why reindustrialization = national security."

Galvanick, a cybersecurity firm, specializes in protecting industrial infrastructure from cyber threats. Joshua Steinman, an ex-military officer and former Senior Director for Cyber on the National Security Council, co-founded the company, bringing extensive experience in national cyber policy, including architecting the 2018 National Cyber Strategy. His background underscores the strategic importance Galvanick places on securing operational technology (OT) environments.

The discussion highlights the escalating cyber attacks targeting industrial systems, which have become increasingly digitized over the past three decades. These attacks pose significant risks, ranging from compromising drug manufacturing and disabling safety systems to causing billions in financial losses. The challenge is compounded by a scarcity of industrial cybersecurity specialists, making robust, automated solutions vital for defense.

Galvanick addresses these vulnerabilities with its Extended Detection for Operational Technology (XD/OT) platform, designed to continuously monitor industrial data for attacker activity and reduce investigation times. In June 2023, the company secured $10 million in seed funding, with investments from firms like MaC Venture Capital and Founders Fund. This capital is earmarked for expanding its product offerings and hiring additional core personnel, aiming to enhance the platform's reach across advanced manufacturing and critical infrastructure facilities.

The central theme of reindustrialization as a national security imperative resonates with the increasing digitization of the industrial base, which inadvertently creates more points of vulnerability. Securing these systems is no longer merely a business concern but a matter of national resilience and defense. The ongoing development of regulations and strategies, such as the 2023 National Cyber Strategy, further underscores the government's focus on mandating protection for critical industries against sophisticated cyber threats.