Goldman Sachs has led a Series A investment in the cyber security skills platform, alongside private backers.
"Large organizations are facing a dual cyber security talent problem; not only is the number of professionals seriously lagging but so is the pace at which their skills are developed. If you are able to recruit the right people in the first place, today’s attackers move so fast your team may quickly fall behind."
Deepbridge Capital backs Touch Biometrix in a seed round utilising the Seed Enterprise Investment Scheme.
"We are delighted to be working in partnership with Touch Biometrix at what is an exciting time for the biometric industry. We understand there is an increasing need for secure user authentication technology and we believe Touch Biometrix has the capability to move quickly in this market, with this funding we have provided utilising the Seed Enterprise Investment Scheme being the initial catalyst. We look forward to working with the Touch Biometrix team as the company grows."
The privacy engineering software company raised £13m from Partech Ventures, CME Ventures and Salesforce Ventures to scale its operations.
"Advanced analytics and machine learning applications are fuelled by data, which is often sensitive. Privitar’s software enables our customers to innovate rapidly while maintaining an uncompromising approach to data privacy. We believe the use of technological controls to protect privacy is essential to preserve customer trust in the data-driven economy."
Balderton Capital led the Series A round to support international growth and product expansion.
"In compliance, we see lots of entrants with a new workflow, or user-interface tool that is just repackaging the same data. ComplyAdvantage is doing something different, by developing its own proprietary global data set of individuals and companies that pose a threat"