Oxx led the Series B round with participation from institutional and returning investors to fund product development and global expansion.
"Once again, we were blown away by the interest we received from investors, but as we carve our niche in the market, we remain steadfast in being selective of shareholders whose values and ambition align closely with our own. In spite of the economic downturn, we are encouraged that some of Europe’s most reputable investors believe in, and are keen to financially support, CyberSmart’s mission to protect and empower the underserved SME market against cybercrime. More importantly, we are delighted that they trust us to deliver on that vision, and I look forward to seeing how much we can accomplish in the year ahead."
The funding will support team expansion, technology optimisation, and marketing campaigns.
"I’m delighted with the success that we have enjoyed during the first year of Playdate and can not wait to build on this, expand the app, and help many more single parents find love."
YFM Equity Partners led a £10m investment into healthtech company DrDoctor to scale its patient engagement platform.
"If personalised care is to become an NHS-wide reality, there needs to be a fundamental shift in the way we approach healthcare. We see this latest support from our investors as confirmation of our role as a key enabler for these necessary changes. We’ve already proven how a digital-first approach can have a profound effect on productivity, evidenced by our substantial footprint in the NHS. Thanks to this latest investment, we are moving forward with some incredibly exciting projects, accelerating our journey to delivering truly modern healthcare."
The investment round was led by Evolution Equity Partners with backing from Resonance and Connect Ventures.
"Security, IT and compliance teams have no visibility into the data employees are storing and sharing across third-party SaaS applications. They are suffering from alert fatigue and are overwhelmed with the amount of notifications they have to address,"