Quorum Cyber receives substantial funding from Charlesbank to expand globally

Quorum Cyber receives substantial funding from Charlesbank to expand globally

Quorum Cyber, a leading cyber security firm, has announced a significant new investment from Charlesbank, a US-based private equity firm with an outstanding track record.

This partnership aims to further fuel Quorum Cyber’s mission to help good people win against cyber threats.

The investment from Charlesbank will bolster the financial support previously provided by Livingbridge, who joined as a partner in 2022. Livingbridge’s backing has been instrumental in Quorum Cyber’s successful journey, allowing the company to maintain its impressive growth in the UK and North America.

Quorum Cyber, founded in 2016, has been dedicated to defending organisations across various sectors from cyber threats. The company has seen year-on-year growth and continues to elevate its existing services while introducing innovative new offerings to its global customer base.

With the new funding, Quorum Cyber intends to enhance its formidable range of cyber security services, develop its customer platform Clarity, recruit outstanding new talent on both sides of the Atlantic, and leverage artificial intelligence to defend organisations at machine speed and scale. The company will also focus on continually training and developing its team members.

Federico Charosky, CEO of Quorum Cyber, expressed his excitement about the investment, saying, “I am thrilled to share the exciting news that we have secured a substantial new investment to fuel our company’s expansion journey across Europe, North America, and indeed, globally.

“This achievement is a clear endorsement of the exceptional services our team delivers daily for our customers. Our mission is to protect a greater number of organisations from the ever-evolving landscape of cybercrime, and to equip our defenders with the necessary tools to stay ahead. This milestone is a testament to our growth, success, and vision for the future.” 

Darren Battistoni, managing director of Charlesbank, commented, “As cyber security threats become increasingly common, complex and global, Quorum Cyber stands out for its ability to meet the demand for world-class managed and professional cyber security and data security services. 

“With its robust set of AI-enabled technology services, as well as its strong alignment with Microsoft’s cyber security suite, Quorum Cyber is well-positioned to help organisations protect themselves amidst this evolving and unpredictable landscape. We look forward to partnering with Federico and his talented management team to strengthen Quorum Cyber’s position in the market and expand its ability to provide cyber security solutions to organisations worldwide.” 

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