Menu visibility control

Video

Events

Startup Surgery

Most Recent

News

CleanTech startup Desolenator wins Duke of York’s Pitch@Palace 7.0

FinTech

UK FinTech firms ‘raised $328m in Q1 2017’

News

EdTech startup Gojimo acquired by Telegraph Media Group

Press Releases

Mention Me win best tech startup award at Drapers Digital Festival
GamCrowd officially launches the first ever Gambling Tech Week as part of London Tech Week
Redbox Digital Gains Prestigious Magento Global Elite Partner Status

Cybersecurity firm Garrison Technology closes £12m Series A

cybersecurity
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Garrison Technology Limited has announced the closure of a £12m Series A round led by Touchstone Innovations, which contributed £3.85m.

Other participants in the round included BGF Ventures, NM Capital as well as the firm’s existing angel investors.

The London-based cybersecurity firm, which seeks to serve the growing enterprise market with its anti-malware product, has raised £16m to date.

Garrison said the new funds will allow it to speed up product development and expand its team before launching.

Jon Edington, director technology ventures at Touchstone Innovations, commented on the news: “Almost daily we read how major enterprises and governments are suffering from targeted and high-impact cyber-crime.

“Garrison’s solution directly addresses this problem with an innovative and differentiated technology that has been shown to effectively remove whole classes of cyber threat,” Edington continued.

With this investment, Touchstone Innovations – which invests in tech companies based around the ‘Golden Triangle’ broadly bounded by London, Cambridge and Oxford – holds a 22.5% stake in the company.

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

Desolenator

CleanTech startup Desolenator wins Duke of York’s Pitch@Palace 7.0
posted 7 hours ago

investors

UK FinTech firms ‘raised $328m in Q1 2017’
posted 8 hours ago

acquisition

EdTech startup Gojimo acquired by Telegraph Media Group
posted 11 hours ago

business people

UK tech firm Ve Interactive ‘rescued’ from administration following management buyout
posted 13 hours ago

investment roundup

UK tech investment trends of Q1 2017
posted on April 25, 2017

hibob

Hibob closes $17.5m Series A, brings total raised to $25m
posted on April 25, 2017