London cybersecurity firm raises £5 million to accelerate sales and expand team

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CybaVerse, a cybersecurity firm based in London, has concluded its Series A funding round, obtaining £5 million in investment. The round was co-led by Pembroke VCT and Airbridge Equity Partners, and follows a £1.1 million raise in 2024 and the company’s acquisition of SecureAck.

Established in 2018, CybaVerse is a cybersecurity provider that concentrates on making cybersecurity simpler, more effective, and more readily available for small and medium-sized enterprises (SMEs) and managed service providers.

The company’s product, CybaOps, is an all-in-one Software as a Service (SaaS) platform that integrates detection, compliance, security operations, and testing. Designed to be cost-effective, straightforward to implement, and suitable for partners, CybaOps provides a white-label model for quick resale, while automation simplifies intricate tasks and strengthens protection against sophisticated threats, offering round-the-clock security and clear, practical information.

The newly acquired funds will be used to accelerate sales and marketing efforts, increase the size of the team, further the development of the CybaOps platform, and facilitate a move from a founder-driven sales model to a scalable SaaS growth structure.

Oliver Spence, CEO of CybaVerse, said: “This funding marks an exciting new chapter for CybaVerse. Having such a high calibre of investors onboard validates our vision to design and deliver innovative solutions that empower MSPs and SMEs. With this investment, we will accelerate CybaOps development, enhance AI-driven features, and expand our team to bring smarter, more scalable security to MSPs and SMEs, all while staying true to our mission of simplifying cyber security for everyone.”

Image source: CybaVerse

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