Crypta Labs has completed a GBP2.7 million (USD3.4m) funding round led by Bloc Ventures and includes GBP1,000,000 (USD1.3m) debt finance from Innovate UK. Crypta Labs is a quantum cybersecurity company which develops IP, hardware and related software using the quantum properties of light to secure highly critical data and communication
Cybersecurity specialist KnowBe4 has raised USD300 million in a funding round led by global investment firm KKR, with significant participation from existing investors Elephant and TenEleven Ventures. This new infusion of funds, valuing the company at USD1 billion, is expected to be used for global growth initiatives and platform development, and builds
Drooms, a provider of virtual data rooms in Europe, and Oodrive, a European specialist in sensitive data management, have formed a strategic partnership and will market their joint solution in their respective markets: France and French-speaking territories for Oodrive, and Germany and German-speaking territories for Drooms. Oodrive, a French specialist
TowerBrook Capital Partners is to sell Metallo Holdings 3 (Metallo), a Belgian-Spanish non-ferrous metals recycling Group, to Aurubis AG. Metallo is a recycling and refining company with around 530 employees at its main sites in Belgium and Spain. In the fiscal year 2018, Metallo generated revenues of approximately EUR 985
Drawbridge Partners, a cybersecurity consulting firm specialising in the needs of hedge fund and private equity managers, has acquired inCyber Security, inCyber Compliance’s consultancy division. The acquisition gives Drawbridge Partners a portfolio of high-profile and long-term clients as the firm continues its impressive growth and focus on expanding its advisory,
Investcorp, a provider and manager of alternative investment products, is to sell SecureLink Group, one of the largest dedicated cybersecurity infrastructure and managed services providers in Europe, to global telecoms group Orange for an enterprise value of EUR515 million. Investcorp first acquired SecureLink, a leading player in the Benelux region,
Eze Castle Integration, a global managed service provider to the investment industry, has launched its Eze Dark Web Monitoring Service to proactively protect clients against the threat of stolen user credentials and targeted account takeover. Eze Dark Web Monitoring scans the dark web for client watchlist assets and triggers an
Eze Castle Integration has added new features to the Eze Client Portal allowing clients to visually explore and analyse data associated with their IT environment and operations and create interactive dashboards and reports. By incorporating Microsoft Power BI business analytics into the platform, the Eze Client Portal is more valuable
Baffin Bay Networks, a cloud-native cyber security specialist, has acquired US data security business Loryka, which focuses on botnet and IoT research. Baffin Bay Networks, its team hailing from major US security enterprises and Nordic banks, launched its cloud-based threat prevention service in 2017. This acquisition is the latest milestone following
By Bob Nicolson, Head of Consultancy at Nicolson Bray – Organisations today are facing a dangerous combination of mounting cybersecurity threat and a lack of in-house expertise to meet the challenge. Smaller firms have typically allocated responsibility for information security to a member of the operations or financial team and
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