Cytix secures £1.6m seed investment from Northern Powerhouse Investment Fund II to expand operations
The round was co-led by the Northern Powerhouse Investment Fund II and Praetura Equity Finance, with backing from Auriga and SFC Capital.
Cytix provides real-time security testing that integrates with software development.
Cytix provides automated cybersecurity testing that integrates with software development cycles to identify vulnerabilities in real time. The Manchester-based firm offers an alternative to annual penetration testing.
Cash at bank
Net current assets
Total assets less current liabilities
Shareholders' funds
Fixed assets
Current assets
Cash, assets and headcount from Cytix's latest Companies House filing — with year-on-year movement, free with a Winfred account.
Ben Armstrong
Co-founder and CEO
Ben brings sales and business development experience in the security sector from roles at Secarma and NCC Group. He is currently co-founder and chief executive of Cytix.
LinkedInThomas Ballin
Co-founder
Thomas is co-founder and director of Cytix, having previously held technical and security consulting roles at Secarma.
LinkedInMatt Milan
Co-founder
The round was co-led by the Northern Powerhouse Investment Fund II and Praetura Equity Finance, with backing from Auriga and SFC Capital.
Manchester-based security start-up secures pre-seed investment from SFC Capital to expand its team and develop its platform.