Censornet has exclusively appointed ScaleUp Group to obtain funding to fuel the further growth of its leading cyber security solutions.
The award-winning Cloud Cybersecurity company is already providing its integrated cloud-based security solutions to over 1,000 customers covering Email, Cloud Access Security Brokers (CASBs), Web and Multi-Factor Authentication (MFA), vital for digital business and growth – especially in the new CV19 ‘normal’ of virtual and remote working. This is all fully integrated into one single user experience, leading to significant reductions in complexity, cost, service risk, time to market and investment risk – compared with having multi-point cybersecurity solutions from different vendors.
Ed Macnair, CEO Censornet said “I’m delighted to be working with the experienced entrepreneurs at ScaleUp Group, obtaining growth funding and advising us on our ScaleUp strategy and execution plans to underpin our vision to be the number 1 provider of intelligent, integrated, innovative cybersecurity solutions to mid-tier companies globally.”
John O’Connell, Executive Chair of ScaleUp Group commented: “Now more than ever businesses of all types and sizes need highly secure digital environments in which to operate but without the performance overhead of older generation cybersecurity technology.”
John continued “Ed and team have positioned Censornet to be in the right place at the right time. We are delighted to help them elevate their ability to execute their ambitious plans going forward.”
According to Business Insider, the global Security market is estimated to be worth $13 billion by 2022, with 65,000 attacks per day at an average cost of $3 million+ per breach.
Censornet plans to use the funding to increase resources to help UK & Global customers thrive and survive through its partner network by significantly improving the security resilience, cost, agility of essential business services, operations and infrastructure.
About us
ScaleUp Group was formed by entrepreneurs who have successfully navigated through founding, growing and selling businesses of their own.
Our 28 members have invested in over 100 high growth tech businesses – including significant personal investments – generating over £4 billion in exits as a result, in both the private and quoted sectors.
The combination of our unique experience, guidance, worldwide connections and investment means we support entrepreneurs on their whole journey, whilst minimising the disruption to your business by getting better results and quicker.
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