CyberSmart, UK leader in simple and accessible automated cybersecurity technology for SMEs, has today announced the completion of a successful over-subscribed Series A funding round, bringing the total raised to over $10 million. Alongside deeptech fund IQ Capital and with the additional support of InsurTech specialist, Eos Venture Partners, and data science-focused Winton Ventures, CyberSmart is set to further disrupt the cybersecurity market. The funding will be used to enhance their product’s capabilities further, invest in channel partnerships as well as scale into the UK and beyond. In this way, playing a fundamental part in the company’s long-term goal to protect and empower SMEs globally.
The company drives value for customers and partners through its ‘golden triangle’ approach; supporting SMEs in protecting their data, assuring their security posture and providing tailored and affordable insurance coverage. CyberSmart’s intuitive online platform automatically and continuously assesses personal and company devices in real-time, alerting users when security and compliance standards have not been met. SMEs benefit from 24/7 monitoring and protection, government-grade assurance via Cyber Essentials certification and ongoing support with training, compliance, policies and procedures.
