IQ Capital heads GBP 5.5m CyberSmart series A funding round helping businesses combat cyber-attacks
IQ Capital | July 14, 2020
The fresh capital will be used to fund CyberSmart’s growth, which has seen an increase in demand with a revenue increase of 300 per cent over the past 12 months, as the lockdown accelerated the use of its cloud-based technology, according to the company. “We are delighted to have closed our Series A funding round with GBP 5.5 million to fund our next stage of growth. Our investors have seen that we have built a great technology and also a great team,” said Jamie Akhtar, CEO of CyberSmart.