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CybaVerse secures £1.1m to accelerate development of its cybersecurity platform

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CybaVerse
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Oliver Spence; Gemma Blake
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FSE Group; Haatch; Founder & Lightning
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£1.1m
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Portsmouth; United Kingdom
Oct 28, 2024

We’re thrilled to announce that CybaVerse has secured over £1.1 million in funding, fueling our bold vision for growth and innovation in the cyber security space. This investment marks a significant milestone in our journey to advance, expand our capabilities and allow us to continue delivering our top-tier cyber security solutions.

Backed by FSE Group, Haatch, Founder & Lightning, including FSE angel investors and the University of Sussex Business Angels group, this milestone highlights our momentum as it redefines the future of cyber security with the SaaS platform, CybaVerse AI. The funding will drive team expansion and accelerate development of the platform, with the company recently appointing three senior leaders to spearhead this exciting next chapter.

The new hires include esteemed technology industry veteran, Andreas Wuchner, who joins as Chairman. With over 26 years of cyber security experience, Andreas has held senior roles at global giants like Deutsche Bank, UBS, and HP. His remarkable track record at some of the world’s leading organisations brings a wealth of knowledge and insight that will be invaluable as CybaVerse continues to grow and push boundaries in the industry. Andreas’s leadership will play a key role in helping CybaVerse achieve its goals and further grow the company.

The CybaVerse team have also welcomed Juliette Hudson as CTO. Juliette brings invaluable technical knowledge and experience to the role, with previous positions including SOC regional manager at Kroll, plus previous technical roles at Bupa and Symantec. Additionally, Nicola Hartland also joins the team as a Non-Executive Director and Board Advisor. Nicola has worked in cyber and technology for over 20 years and she will use her vast experience to enhance relationships with clients and scale the company.

These new hires have been involved in the technology industry, each with a proven track record of driving growth, fostering innovation, and ensuring success for the businesses they’ve worked with. Now, CybaVerse is poised to leverage their expertise to elevate its customer experience, accelerate the evolution of CybaVerse AI with the help of Founder & Lightening, and propel the company’s growth to the next level.

CybaVerse has evolved from a boutique consultancy into an innovative and highly skilled cyber security managed services provider with CybaVerse AI leading the way for all industry types. With a team of experts skilled at solving the high-stakes and complex challenges faced by its clients, CybaVerse is redefining how cyber security is managed. The recent launch of its cutting-edge platform, CybaVerse AI, marks a major leap forward. Designed to simplify cyber security management for SMEs, the platform provides a unified view across their entire cyber landscape, boosting efficiency, enhancing project management, and lightening the load on in-house IT and security teams.

We love the fact that CybaVerse has significant traction and very impressive founders and board. They are the perfect fit for us as they already have product-market fit nailed and the love of their customer base. We will now support them to reach their next goals with tech and investment. We were very impressed with their ultimate vision to build a comprehensive SaaS-based cyber security management system tailored for SMEs. Cybersecurity is vital to the functioning of all companies and particularly poignant at the moment with the evolution of AI. It's really great to be working with Gemma, Oliver and the team. We're very excited for the journey ahead.
Matt Jonns, Founder of Founder & Lightning
It’s a pleasure to welcome Andreas, Nicola and Juliette to our growing team. With their rich technical experience and deep expertise in operations and leadership, they will be invaluable assets to CybaVerse. As we continue to develop CybaVerse and our platform offerings, I believe they each have the necessary skills and experience to help us realise, and surpass, our ambitions.
Oliver Spence, Co-founder & CEO