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UK-based CybaVerse secures £1.1M to redefine cybersecurity for SMEs

CybaVerse team
Picture credits: CybaVerse

UK-based CybaVerse, which specialises in the cyber security space, has secured over £1.1 million in funding. The investment came from FSE Group, Haatch, Founder & Lightning, and several angel investors, including FSE angels and the University of Sussex Business Angels group. 

This investment follows recent cybersecurity funding rounds, including Cyber Guru and HUMAN Security.

The funding will drive team expansion and accelerate development of the platform, with the company recently appointing three senior leaders to spearhead this exciting next chapter.

Stellar lineup of new hires

Here are the new senior appointees by Cybaverse: 

  • Andreas Wuchner, who joined the company as Chairman. With over 26 years of cyber security experience, Andreas has held senior roles at global giants like Deutsche Bank, UBS, and HP. His remarkable track record at some of the world’s leading organisations brings a wealth of knowledge and insight that will be invaluable as CybaVerse continues to grow and push boundaries in the industry. 
  • The company welcomed Juliette Hudson as CTO. Juliette brings invaluable 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 also joined the team as Non-Executive Director and Brand Advisor. She 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.

Redefines cybersecurity for SMEs

Founded in 2018 by Oliver Spence and Gemma Blake, CybaVerse has grown from a boutique consultancy working closely with companies to provide tailored security advice to becoming a managed security service provider with its own 24/7 security operations centre. 

The company recently launched and developed CybaVerse AI, a cyber security management platform designed to meet the evolving needs of our clients and help them secure their digital landscape more efficiently. Designed to simplify cyber security management for SMEs, 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.

“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,” said Oliver Spence, CEO of CybaVerse. 

“I’m delighted to be a part of the CybaVerse 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. Cyber security is the most critical challenge in the digital world and we must support SMEs with a more efficient way to defend against the threats they face, otherwise we will always be on the backfoot to adversaries. 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,” said Andreas Wuchner.

“We love the fact that CybaVerse has significant traction and very impressive founders and board. They are the perfect fit for us as they already have product-market fit nailed and the love of their customer base. We will now support them to reach their next goals with tech and investment. We were very impressed with their ultimate vision to build a comprehensive SaaS-based cyber security management system tailored for SMEs. Cybersecurity is vital to the functioning of all companies and particularly poignant at the moment with the evolution of AI. It’s really great to be working with Gemma, Oliver and the team. We’re very excited for the journey ahead,” added Matt Jonns, CEO & Co Founder, Founder and Lightening.

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