CybaVerse secures £5M to fuel growth and accelerate innovation
CybaVerse, a London-based cybersecurity firm, has successfully closed its Series A funding round, securing a substantial £5 million investment. This capital injection signifies a critical step in bolstering European digital security, providing essential resources for a growing sector. The investment highlights the ongoing commitment to strengthening Europe's digital infrastructure and protecting businesses from evolving cyber threats. The funding round saw participation from Pembroke VCT, Airbridge Equity Partners, and Haatch, with legal support from Culbert Ellis. CybaVerse's CybaOps platform is a Software-as-a-Service (SaaS) solution, providing unified detection, compliance, and security operations features, along with testing capabilities. The platform is designed to be cost-effective and easily deployable, offering a white-label model to streamline security operations for Small and Medium Enterprises (SMEs) and managed service providers. The investment will fuel CybaVerse’s growth trajectory, enabling the company to accelerate sales and marketing initiatives and expand its team. This will allow CybaVerse to advance the development of CybaOps and facilitate a shift toward a scalable SaaS growth model. This move is expected to bolster the company’s capabilities in the cybersecurity landscape and enhance its ability to support businesses across the continent.
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