PureCyber, a trailblazing cybersecurity firm based in Wales, has just announced a significant financial boost, securing a £5m investment from BGF.
This investment comes as a strategic move to propel PureCyber further into the cybersecurity market. Founded in 2016 by CEO Damon Rands, the company has carved a niche for itself by offering an array of cybersecurity solutions, including brand protection, incident response, global penetration testing, and fully managed Security Operations Center (SOC) services.
Specializing in a unique subscription model, PureCyber has made advanced cybersecurity accessible to a diverse range of sectors including professional and financial services, manufacturing, education, and sports. Its client list boasts prestigious global institutions and premier league football clubs.
With the fresh capital infusion from BGF, PureCyber aims to expand its services further into the SME market and enhance its footprint in the global enterprise arena.
PureCyber CEO and co-founder Damon Rands commented, “Having successfully scaled the business since its conception in 2016, it was a natural time to look ahead to the next phase of growth. With a wealth of experience in the technology market and a pedigree of supporting ambitious businesses on their scale-up journeys, BGF was a natural fit.
“The PureCyber team and I are committed to growing the business to support the ever-increasing needs of the global SME and enterprise market and are delighted to be working with an investment partner that shares our vision for the future.”
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