UK’s CybaVerse raises €1.3M funding to help SMEs simplify cyber security: Here’s how

Hampshire-based CybaVerse, a cyber security management platform, announced on Monday that it has secured over £1.1M (approximately €1.3M) in funding.

The funding round was backed by FSE Group, Haatch, Founder & Lightning, and several angel investors, including FSE angels and the University of Sussex Business Angels group.

The company will use the funds to accelerate team expansion and development of the platform.

Appointed three senior leaders

The announcement comes as the England company appointed three new senior leaders:

• Andreas Wuchner as Chairman (With over 26 years of cyber security experience, Andreas has held senior roles at global giants like Deutsche Bank, UBS, and HP. Andreas’s leadership will play a key role in helping CybaVerse achieve its goals and further grow the company.)
• Juliette Hudson as CTO (Juliette brings technical knowledge and experience to the role, with previous positions including SOC regional manager at Kroll, plus previous technical roles at Bupa and Symantec.)
• Nicola Hartland as Non-Executive Director and Brand Advisor (Nicola has worked in cyber and technology for over 20 years and she will use her vast experience to enhance relationships with clients and scale the company.)

“I’m delighted to be a part of the team. I have been completely drawn to Ollie’s ambitions and goals and the company’s innovation and creativity, which I believe will significantly benefit the security community at large. I believe CybaVerse is making strides in tackling this important issue and I am delighted I will be playing a part in helping them reach this goal with my skills, experience, and network,” says Andreas Wuchner.

“It’s a pleasure to welcome Andreas, Nicola, and Juliette to our growing team. With their rich technical experience and deep expertise in operations and leadership, they will be invaluable assets to CybaVerse. As we continue to develop CybaVerse and our platform offerings, I believe they each have the necessary skills and experience to help us realise, and surpass, our ambitions,” says Oliver Spence, CEO of CybaVerse.

CybaVerse: Redefining the future of cyber security for SMEs

Founded in 2018, CybaVerse was started as a small consultancy focusing on security advice and has now become a Managed Security Service Provider with a 24/7 Security Operations Centre.

The company has recently launched CybaVerse AI — a platform designed to help clients manage their cyber security needs more effectively.

The platform provides a unified view across their entire cyber landscape, boosting efficiency, enhancing project management, and lightening the load on in-house IT and security teams.