Newcastle's Melius Cyber raises £500k from North East Venture Fund for SME cybersecurity platform expansion.

Newcastle's Melius Cyber has raised £500,000 from the North East Venture Fund, totaling £1.35 million to date. This funding will support the launch of an upgraded CyberSafe platform designed for SMEs, enhancing cybersecurity through features like advanced threat detection and anti-ransomware. The company also plans to create six new jobs and establish a full security operation center (SOC) to further bolster its services.

October 14, 2024
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