said to close £120,000 in pre-seed funding

Cybersecurity company has reportedly raised £120,000 in pre-seed funding to help bring its platform to market.

The capital was supplied by venture firm Antler, according to a report from Top Business Tech.

Funds from the round will be used to develop its products and bring its solution to market. It currently has nine proof of concepts with organisations across the US, UK and Italy, it said.

The company claims that most businesses’ ability to track data theft ends at their network perimeter, meaning if someone steals something undetected, the firm will never know.

Its platform sees customer data with trackable records and monitors for exposure of these seeds outside of a customer’s system. If an incident is detected, it will help reduce incident cost and offer support. CTO and co-founder Matt Holland told Top Business Tech, “If you think about physical crime, if you lose your phone, or someone steals your car, there’s a sign that something has been taken; the gap in your pocket or driveway. In digital crimes, if you don’t stop them taking your data there’s no sign it has been taken, and without any sort of alarm, how would you even know there’s been an attack.”

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