DSShield secures $54m backing from Merak Capital to scale operations

January 2, 2026

Merak Capital, a Saudi investment firm licensed by the Capital Market Authority, has completed a $54m investment in DSShield, supporting the firm’s next phase of growth.

The new funding will be used to expand DSShield’s security operations capacity, strengthen advisory and implementation capabilities, scale managed services, and accelerate investment in proprietary technology, according to a report from Wamda. The partnership will also support growth across operational technology offerings and an expanding client base within government, critical infrastructure, and enterprise sectors, while establishing a pathway toward a future public listing.

Founded in 2020 and headquartered in Riyadh, DSShield delivers cybersecurity solutions for organisations where availability, integrity, and compliance are essential to business continuity.

DSShield offers end-to-end services covering advisory, implementation, and 24/7 managed security operations. Its operating model enables organisations to manage cyber risk holistically as digital, physical, and data environments increasingly converge.

DSShield founder and CEO Siraj Marghalani said, “We founded DSShield on the belief that cybersecurity is built on trust, discipline, and execution. Our clients operate in environments where there is no margin for error, and we have built our company to deliver reliable outcomes in those settings. This partnership with Merak Capital gives us the platform to invest in our people and capabilities, expand our service capacity, and position DSShield as a national leader in cybersecurity as the Kingdom’s digital economy continues to grow.”