CybaVerse, a cyber security management platform based in Hampshire, has garnered attention with its recent funding achievement. The company successfully raised over £1.1 million (approximately €1.3 million) to drive its next phase of growth. This financial boost is set to accelerate the expansion of its team and further develop its innovative platform. As cyber threats continue to evolve, the demand for robust cyber security solutions grows, positioning CybaVerse favorably in the industry.
CybaVerse’s latest funding round saw participation from various esteemed investors, including the FSE Group, Haatch, and Founder & Lightning. Additionally, the University of Sussex Business Angels group and several other angel investors contributed to the funding. This marks a significant step for CybaVerse, reflecting confidence in the company’s strategic direction. Looking back, CybaVerse’s previous rounds showcased steady growth and strategic partnerships, reinforcing its reputation in cyber security. With a focus on expanding its capabilities, the company aims to enhance its Managed Security Service offerings and strengthen its market presence.
Who are the New Senior Leaders?
CybaVerse recently appointed three senior leaders to guide its future endeavors. Andreas Wuchner joins as Chairman, bringing over 26 years of experience in cyber security from previous roles at Deutsche Bank, UBS, and HP. Juliette Hudson steps in as CTO, with a strong background in technical roles at Kroll, Bupa, and Symantec. Furthermore, Nicola Hartland assumes the position of Non-Executive Director and Brand Advisor, leveraging her two decades of experience in cyber and technology sectors. These appointments are expected to provide strategic leadership and drive growth.
What is CybaVerse’s Vision for SMEs?
CybaVerse, founded in 2018, initially offered consultancy services focused on security advice. Over the years, it has transformed into a Managed Security Service Provider, operating a 24/7 Security Operations Centre. The company recently unveiled CybaVerse AI, a platform designed to streamline cyber security management for clients. This platform aims to provide a comprehensive overview of the cyber landscape, enhancing efficiency and alleviating the workload on IT and security teams. With this innovation, CybaVerse is positioning itself as a valuable partner for SMEs seeking robust cyber security solutions.
The leadership team at CybaVerse has expressed enthusiasm about the new appointments and funding.
“With their rich technical experience and deep expertise in operations and leadership, they will be invaluable assets to CybaVerse,”
said Oliver Spence, CEO of CybaVerse. The company is keen to leverage the diverse skill sets of these leaders to achieve its growth objectives.
As the cyber security landscape becomes increasingly complex, CybaVerse’s initiatives reflect a proactive approach to address emerging challenges. By focusing on team expansion and platform enhancement, the company aims to solidify its position in the market. The recent funding and leadership appointments underscore its commitment to delivering comprehensive and effective cyber security solutions.
