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Iris Capital launches €250m European tech investment fund

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Cyber Security

Cameron defends Google’s UK tax deal, Electric Cars get a boost & more in your week in tech
posted on January 29, 2016

London-based SaaS provider HighQ has raised fifty million dollars, the company was founded in 2001 and has since expanded to New York, Frankfurt, Amsterdam, Sydney and Ahmedabad. HighQ provides enterprise collaboration and content management solutions to some of the world’s leading law firms, and global financial services companies. Some 46 UK-based tech firms have made…

cyber security

UK Government announces cybersecurity startup support scheme
posted on January 26, 2016

The UK Government has announced a new scheme that seeks to help cyber security startups develop new technical solutions that will serve to protect the country from attacks. Cyber security startups will receive advice and support through the ‘Early Stage Accelerator Programme’ to further develop their products and take them to market. The £250,000 programme…

£165m cyber security fund, Zano drones shuts down, Lovecrafts raises $20m & more in your week in tech
posted on November 20, 2015

In a speech at GCHQ George Osborne announced that the government will invest £165m into cyber security startups. Europe’s most successful Kickstarter, Zano, has shut down and the OED announce the ‘tears of joy’ emoji to be the Word of the Year! Georgie Barrat presents all this and more in your week in tech. Download…

We must do our bit for cyber security
posted on November 18, 2015

George Osborne announced an extra £1.9bn a year for cyber security yesterday but all businesses have to play their part too. A cyber attack on the UK could cripple all forms of communication and infrastructure and it is, quite frankly, a scary proposition. As Catalin Cosoi, chief security strategist at Bitdefender, said: “A cyber attack… could…

Exclusive: Eric van der Kleij departs Level39
posted on October 1, 2015

Eric van der Kleij is stepping down as the head of Canary Wharf Group’s Level39 accelerator after just under three years in the job. Van der Kleij, who also led Tech City UK during its first two years, is leaving to focus on his innovation consultancy ENTIQ. Level39 is now on the lookout for a new, full-time…

Cyber security jobs now make up 14% of UK IT roles
posted on September 14, 2015

Cyber security jobs now make up 14% of all new UK based IT roles as businesses increasingly hunt for cyber security experts to help protect against hackers, research from international professional services consultancy Procorre has found. Procorre found that businesses are increasing their investment in cyber security after a series of recent high profile hacks, such…

Vaizey launches £5,000 grant scheme to boost small businesses cyber security
posted on July 16, 2015

Digital economy minister Ed Vaizey has launched a £5,000 government grant scheme to help small businesses boost their cyber security. Speaking at the Reform “Cyber Security: assurance, resilience, response” conference in London, Vaizey outlined how a new voucher scheme, designed specifically for small and medium-sized businesses, will work when it launches later this month. The…

Symantec and Frost Data Capital to launch cyber security incubator
posted on July 15, 2015

Symantec and Frost Data Capital are set to open a cyber security incubator to provide early-stage startups with funding, resources and expertise. These startups will receive access to Frost Data Capital’s data analytics ecosystem and have the opportunity to collaborate with Symantec to solve the most complex challenges shaping tomorrow’s threat landscape. Jeff Scheel, SVP,…

Cost of severe cyber attacks on SMEs triples to £300,000
posted on June 2, 2015

The government has urged companies to take cyber security more seriously after its Information Security Breaches Survey 2015 found that severe attacks can now cost up to £3.14m for large firms and £310,800 for smaller businesses. This has increased rapidly since last year, where the cost of a breach reached £600,000 and £115,000 respectively. The large…

1.5m shortfall in global cyber security workforce by 2020
posted on April 16, 2015

There’s never been a better time to get into the cyber security industry, with a 1.5m shortfall of people in the sector expected by 2020, contributing to a rise in salaries for those working there, but also meaning an inability to fill posts and an ageing workforce. The seventh Global Information Security Workforce study from ISC,…

UK and Israel sign £1.2m deal to work on “global threat” of cyber security
posted on March 25, 2015

The UK government has pledged £1.2m towards bilateral cyber security research with Israel. Francis Maude, Minister for the Cabinet Office with responsibility for cyber security, said he is glad to be addressing this “global threat”  using Isreali expertise. “On a recent visit to Israel I saw for myself the strength of cyber and digital innovation…

What 2015 politics will mean for tech
posted on January 7, 2015

2015 is likely to be a busy year for tech policy. I look ahead at some of the big things to watch out for. Election fever It’s exactly four months until the general election – on May 7th the UK will go to the polls and elect the next government. This week saw the start of…

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Iris Capital launches €250m European tech investment fund
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EXCLUSIVE: London-based Inploi raises £500,000, brings total to £1m
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UK-founded tech startup Blockchain secures $40m Series B
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