The investment from Sir Terry Leahy and William Currie Group will fund product development and international expansion.
"We’re thankful to our investors for their continued support and for seeing the vision we have for Sirenum in the future. Our continued growth across a variety of industries, as well as new use cases that could not have been foreseen, such as that created by the new vaccination centres, highlight the unique proposition we offer. Moreover, we believe the flexibility of the platform to adjust to unpredictable scenarios, i.e the ability to manage rosters and staff shifts in real time and adjust for sickness or the need to isolate, further underlines why there has never been a better time to invest in workforce management technology like ours. The pandemic has expedited the need for businesses to embrace technology across various parts of their operation, but it is the commercial opportunity for staffing agencies and other employers of shift workers looking for a competitive advantage that will truly propel the use of our technology in the future."
IQ Capital led the Series A investment, which will fund go-to-market expansion and research capabilities.
"We believe in people. And we passionately believe in the impact data and behavioural science can have on human cyber risk management. Our platform is for organisations who ultimately want to do more than rely just on e-learning and phishing simulations. It’s a platform that can grow with them through to when they are ready to measure security behaviour change."
The financing will support international expansion and development of the Deltaflow operating system.
"For a quantum ecosystem to thrive, we urgently need an operating system. An operating system makes quantum computers useful – it allows programs and applications to run on many different machines. Riverlane aims to make our operating system Deltaflow a global standard."
Foresight backed the Worcestershire cybersecurity software provider with growth capital to scale operations.
"Titania’s mission is to increase our customers’ network resilience and security compliance, and Foresight’s backing and investment will accelerate our ambitious plans to automatically detect and remediate mis-configurations and vulnerabilities at scale and reduce customers’ attacks while evidencing compliance. Delivering this at scale is especially important in a world in which organisations need to move from occasional auditing through to continuous monitoring of network security. Foresight will support us in achieving our goals, enabling our customers and partners to use Titania as a cornerstone solution in the global Vulnerability Managed Detection and Response technology stack and market."
