Cybersecurity platform CyberOwl has reportedly raised £1.8m in a funding round as it looks to move into the maritime industry.
The capital was supplied by 24 Haymarket and Merica Asset Management, according to a report from UKTN.
This capital injection will be used to help the CyberTech platform grow its client base and deepen its presence in the market, the article said.
Its flagship product Medulla, is a cloud-based cyber-physical risk prioritisation system. The technology offers passive, remote protective monitoring for connected OT assets.
The system gives real-time visibility and delivers early warning on suspicious activity on OT systems and assets, particularly at reconnaissance, installation or lateral movements stages of an attack. This enables businesses to take more preventative action before any damage is done to a business.
Clients receive a management dashboard which helps them take a more holistic view of their operations and vulnerabilities.
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