A London-headquartered cybersecurity specialist has secured multi-million pound investment to develop its platform.
CybSafe has raised £5.6m in a Series A1 investment round in a bid to expand its proposition and manage human cyber risk.
The round was led by deep tech investors IQ Capital, with participation from Hannover Digital Investments GmbH (HDI Group) and B8 Ventures.
Founded by former UK Special Forces Lieutenant Colonel Oz Alashe MBE, the CybSafe uses audit data from multiple systems such as Gsuite and Azure to help manage human cyber risk.
This latest investment will be used by the firm to enhance the platform’s go-to-market capability as well as develop its technology and research capability.
Oz Alashe, CEO and founder of CybSafe, commented: “We believe in people. And we passionately believe in the impact data and behavioural science can have on human cyber risk management. Our platform is for organisations who ultimately want to do more than rely just on e-learning and phishing simulations.
“It’s a platform that can grow with them through to when they are ready to measure security behaviour…
