Investment stories - Page 2

ISACA and CIIA urge UK Government to expedite audit reform legislation to bolster digital resilience amid rising cyber threats and economic risks.

Cloudsmith has secured $23 million in a Series B funding round, aiming to expand its global presence and enhance software supply chain security.

TP-Link has inaugurated its largest National Distribution Centre in Newbury, boosting storage capacity by 50% to enhance service for UK and Ireland clients.

KOMI Group has announced a remarkable 45% rise in annual turnover, bolstered by a 77% surge in Q4 revenues, as the Manchester-based digital media firm plans US expansion.

iplicit, a cloud accounting platform for the UK mid-market, has secured GBP £25 million in funding from One Peak to fuel its growth and product development.

Young British entrepreneurs Charlie Gray and Ben O'Nion have launched Echo AI, an AI-driven note-taking assistant, with a GBP £2 million investment to boost productivity.

Mail Metrics has acquired Adare SEC, its fourth purchase in four years, expanding its workforce and boosting UK revenue projections to GBP £175 million.

Fresho has completed a Series B funding round, securing AUD $17 million to strengthen its AI capabilities and expand across multiple international markets.

Boxphish has acquired Trillion, a dark web threat intelligence service, enhancing its cybersecurity offerings for organisations facing human-related cyber risks.

EDGNEX Data Centers, part of DAMAC Group, is investing EUR 400 million in a new 40MW data centre in Madrid to meet rising global demand.

Echelon Data Centres has secured a grid connection for its DUB20 campus in County Wicklow, paving the way for a EUR €3.5 billion investment and 1,300 jobs.

Outsource Group partners with Palo Alto Networks, becoming the exclusive Cortex MSSP in Ireland. The deal could yield millions, strengthening cyber security offerings.

BGF has invested GBP £5 million into Cardiff's PureCyber, a fast-growing cybersecurity firm, appointing Ben Marnham as Non-Executive Chair to spearhead further growth.

AccountsIQ has secured a Series C investment of EURO €60 million from Axiom Equity to develop AI-powered products, expand its team, and enhance AI capabilities for its users.

The UK has secured its position as Europe's top destination for digital FDI with 255 projects in 2023, according to EY's latest survey, outpacing the continent amidst a broader decline.

Despite mixed confidence in return on investment, UK IT decision makers plan to boost artificial intelligence funding in 2024, amidst fears of premature adoption, reveals a study by NetApp and YouGov.

Cylera partners with Dartford and Gravesham NHS Trust for three years, enhancing healthcare IoT cybersecurity.

Business leaders are doubling down on cloud as a long-term catalyst for innovation, AI-powered transformation and sustainability. .

Leaders will invest in digital technologies driving innovation and interoperability and tackle challenges with macroeconomics, IT resourcing and inflation.

Private equity and sovereign wealth investors are playing a major role in the expansion of hyperscale data centers, says DCP research.