The round was led by HV Capital and will support team growth and US expansion.
"Hadrian understands that CISOs and their teams can’t be expected to attend to every potential threat across the attack surface. As companies are overwhelmed by cybercrime, the unique value of hackers’ outside-in approach to security becomes more important. Our autonomous technology identifies real threats and prioritizes where action is needed, connecting urgent tasks to existing workflow tools and processes so that the important stuff gets handled first."
Evolution Equity Partners led the Series B funding to accelerate product development and international expansion.
"We invest in founders with disruptive cybersecurity offerings that are reimagining how businesses approach the increasing depth and breadth of cyber threats. CybSafe’s disruptive approach tackles a complex problem with a simple solution. They design their products with the user in mind, ensuring they are tackling the cause rather than simply treating the symptoms of cyber risk. CybSafe goes far beyond traditional compliance driven approaches to security awareness, and instead focuses on delivering a genuine reduction in human cyber risk."
The seed round was led by Notion Capital with participation from Seedcamp and GapMinder.
"Security risks aren’t limited to an organization’s cloud infrastructure. Adjacent components such as third-party software packages used in applications, software development practices, and code repositories are all examples of risk areas in modern tech ecosystems. Most of the time, companies assess risk in each of these areas in isolation, based on skillsets in the team or available resources. The result is a fragmented security function, with no clear understanding where weaknesses lie and what their impact truly is."
Maven Capital Partners backed the Manchester-based identity and access management platform to fund acquisitions and technical growth.
"Our partnership with Maven is a major milestone for ProofID. This investment gives us the platform to add new services and vendor partnerships to our portfolio to better serve our customers. We are excited about the prospect of working with the team at Maven to grow and develop our business over the coming years."