Dmitry Dontov is the CEO and Founder of Spin Technology, a SaaS data protection company based in Palo Alto, California, and the former CEO of Optimum Web Outsourcing, a software engineering company from Eastern Europe.
As a serial entrepreneur with two decades of experience in security and team management, Dmitry has a strong background in the cloud protection field and is an expert in SaaS data security. Dmitry has a master’s degree in computer science. He is an author of a few patents and a member of Forbes Business Councils and YEC.
About Spin Technology
Spin technology provides the most innovative All-in-One SaaS Data protection platform for mission-critical SaaS Apps called SpinOne. The platform provides 4 core solutions:
SaaS Ransomware Detection and Response
SaaS Risk Assessment and Access Management
SaaS DLP
SaaS Backup & DR
The all-in-one dashboard is available for Google Workspace, Office 365, and Salesforce. It integrates with the most popular business apps to deliver seamless work for SecOps aiming to save their time and budget.
Spin Technology delivers the most innovative last line of cyber defense, SaaS data management, and protection for 1,600+ organizations, 400+ partners, and 2,000,000+ business users worldwide. The team consists of 60+ full-time members with the best expertise in IT development and cybersecurity.
The organization’s client base is constantly growing. It is continuously improving its platform by adding new features and working hard on its customer service.
Dmitry would highlight three key problems that customers face with
Downtime- SpinOne reduces downtime from a ransomware attack
Shadow IT- SpinOne saves a tremendous amount of time for app risk assessment.
Compliance- SpinOne significantly improves compliance with its compliance-friendly backup.
Some of SpinOne’s other services include Cloud Ransomware, Compliance Risks, Data Leak Prevention, Data Loss Prevention, Downtime Minimization, Remote Workforce, Shadow IT, and Unauthorized Access.
The Birth of Spin Technology
In early 2015, Dmitry’s previous company has been actively using SaaS services such as Google Apps. It started facing the first cases of data loss and data leaks in the cloud. This was the main motivational factor to start a new startup company that helps organizations fight data loss, data leaks, and Shadow IT problems in the cloud. Employees can easily delete, download, or share a key file accidentally or on purpose bringing a lot of damage to an organization.
A Revolutionary Mission
Spin Technology’s mission is to revolutionize the SaaS data protection industry by delivering the most innovative last line of defense for ransomware, granular app security, and compliance-friendly backup solutions, an All-in-One platform, for mission-critical SaaS apps.
It is building a global international company that will be dominating the global market for SaaS data protection.
Overcoming the Pandemic Situation Effectively
Fortunately, the pandemic didn’t harm Spin Technology. The organization was able to improve its processes in a way where everyone was able to work from home remotely and the company was able to track performance remotely.
The company learned how to turn in-person meetings into very effective ZOOM calls. It was able to reduce its expenses on physical office space. As a result, in 2021 the company demonstrated 100% y-o-y growth.
Insights about the Current Market Trends
With 20 years of experience in the field of SaaS and Technology, Dmitry understands the market, its changing demographics, the important data points, and its holistic scenario. His views of the existing market trends state:
Remote workers become a big cybersecurity pain, flexible office schedule becomes a new standard, and organizations have to fight to Shadow IT
Fast incident response to reduce downtime is the key
Zero-trust, API security, and agentless solutions are going to dominate the market
Notable Recognitions
Spin Technology has won many honorable awards in recent years for its performance and innovative solutions. To name a few of them:
Top InfoSec Innovator Awards for 2022 (Recently, Cyber Defense Awards recognized SpinOne as a cybersecurity innovator at CyberDefenseCon)
TOP Ransomware Protection Technology in 2020
2021 Global InfoSec Award
2022 Global InfoSec Award
TOP 5 SaaS Backup Technology for Office 365
2021 Cloud Computing Security Excellence Award
Top Performer by SourceForge
A Thriving Future
The future is bright for Spin Technology as it recently raised a $16M Series A round with excellent investors. It has also started the process of scaling the company by actively hiring new team members, creating a solid foundation for its executive management team, improving its product, improving the culture, and setting up ambitious goals, such as building a new unicorn within the next 5 years.
Dmitry’s Voice
As a cybersecurity expert with over 20 years of experience, Dmitry is a strong believer that humanity will never win the cyberwar due to the privacy environment it lives in today and the ability of bad actors to use the same technological advantages that allow them to be one step ahead.
With that said, the most crucial decision that every organization has to make when it comes to mission-critical SaaS data protection is whether they want to be a part of global statistics of organizations that have already been compromised or they want to do their best to prevent a company against zero-day attacks or reduce impact from the new wave of cyberattacks.
