ExactTrak, a UK-based cybersecurity firm, raised £1M in funding.
The spherical included a £500k funding from UKI2S’s £18m MOD-backed defence & safety seed (D2S) fund alongside a number of angel buyers together with main current backers.
The corporate intends to make use of the funds to additional develop its post-quantum cyber menace answer.
Led by CEO Norman Shaw, ExactTrak is a cybersecurity firm offering progressive options that transcend sectors, safeguarding authorities and business sector information alike. By emphasising built-in {hardware} versus typical software program options, ExactTrak successfully eliminates conventional cyber threats, making certain a complete defence mechanism that transcends the restrictions of normal software-based approaches. The corporate, which has 19 granted worldwide patents, has strategically collaborated with Dell, leveraging technical assist and forging pathways for distant administration inside laptops that function independently, additional enhancing their functionality to fulfill evolving cybersecurity wants within the defence, safety and business sectors.
Commenting on the information, Norman Shaw stated: “This funding marks a major milestone in our pursuit of making cutting-edge options that redefine cybersecurity requirements, notably within the face of quantum computing cyber threats. Our mission is to remodel the business by making certain the utmost safety for presidency and business sector clients alike.”
FinSMEs
23/02/2024
