Titania secures £2.5m in Series A funding from Foresight to expand product development and sales.
Foresight backed the Worcestershire cybersecurity software provider with growth capital to scale operations.
£2.5MSeries A
Titania develops cybersecurity automation software that assesses network devices to identify misconfigurations and vulnerabilities. The business serves over 1,000 customers globally, particularly across government and critical infrastructure sectors.
Titania has secured £2.5m in Series A funding from Foresight Group. The capital will be deployed to accelerate product development for an integrated enterprise solution, expand outbound sales operations, and support the senior leadership team through its next phase of expansion.
From the founder
"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."
Phil Lewis
CEO at Titania
Investor perspective
"We are excited to work together with the management team and back Titania as it increases its offering by launching the Titania Enterprise Solution adding to their market-leading on-demand device audit tools. The ever-increasing cybersecurity threat presents a large and rapidly growing global market opportunity for continuous network device monitoring at enterprise scale which Titania’s products address with unparalleled accuracy and speed."
Stephan Gueorguiev
Investment Director, Foresight
Use of funds
- 01Continue product development
- 02Invest in sales and marketing
