Monday, 13 July 2020

CyberSmart raises £5.5million to fund growth following increased demand for cybersecurity

Demand from SMBs for Cyber Essentials Certification drives growth to 300% per annum

LONDON 13th July 2020:  CyberSmart has raised £5.5 million in a heavily oversubscribed Series A funding round led by VC firm IQ Capital and respected cyber security and tech entrepreneur investors. The funding will be used to fund the growth of the company, which enables small to medium-sized businesses (SMBs) to combat the constant threat of cyber-attacks and increasing regulation in an ever-evolving technological landscape and increasingly connected digital operating space.

CyberSmart has seen a massive increase in demand from SMBs to protect their businesses, with a revenue increase of 300% over the last twelve months. The lockdown period has accelerated the uptake of their cloud-based technology, which is fully automated and can be implemented with the click of a mouse, without a time-consuming visit to a customer’s site.

CyberSmart raises £5.5million to fund growth following increased ...

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