The investment was led by Praetura Ventures to support regional team growth and cybersecurity research.
"Unfortunately for many businesses, the complexity and volume of cyber events is increasing every day. More effective use of Automation and AI is fundamental to enabling better detection, protection, response and resolution outcomes, but equally as threats continually evolve so to must our capabilities. Response time is critical to mitigating the impact of cyber events in any business, as well as improving business resilience. CloudGuard are striving to provide more cost-effective, more responsive resolution-based services for all businesses with leading security solutions from Microsoft and other partners. Manchester is our home. It’s such an amazing City, rapidly becoming one of the UK’s leading cyber hubs. We are thrilled with the Northern Powerhouse investment and plans to accelerate our business and talent."
Long Ridge Equity Partners provides a majority growth investment alongside the appointment of new chief executive officer Tom Obermaier.
"Ripjar has a robust heritage in artificial intelligence and machine learning, and its technology equips compliance and investigative teams with the tools they need to protect their estate, maintain industry standards, and future-proof their operations. I’m looking forward to enhancing the critical Ripjar value proposition by driving further technological innovation and expansion across new markets and regions"
Octopus Ventures backed the growth capital round to fund international expansion and AI capability enhancements.
"At Vyn ® we are turbo-charging frontline productivity by eliminating typing, form-filling & unnecessary field visits. Our next-gen, intelligent video-data-capture & collaboration platform simplifies and speeds up interactions for all players involved – customers, contractors and colleagues – on a single platform"
Vitruvian Partners invests in Options Technology to accelerate global expansion and technology innovation.
"We are delighted to invest in Options, a company with a proven track record of growth and innovation in the capital markets sector. With our financial backing and strategic guidance, we look forward to helping Options further solidify its position as a global leader in financial technology and continue delivering innovative solutions to its customers."
