Cybersecurity firm Post-Quantum gets £8m in Series A funding
UK cybersecurity company Post-Quantum has announced the closure of a £8m Series A round.
The company, which focuses on developing defence-grade cybersecurity solutions, drew support from Hong Kong-based VMS Investment Group and AM Partners.
Andersen Cheng, CEO of Post-Quantum, said in a statement: “Post-Quantum has been working exceptionally hard over the last seven years to develop a portfolio of products that will provide the modern enterprise with a defence-grade level of protection in today’s sophisticated and perilous cyber-criminal environment.
“We have established a strong reputation and generated a lot of interest from some of the biggest names in financial services and government, so having the funding and support of VMS Investment Group and AM Partners is integral to our growth. Our vision is to protect the world’s information, and this funding will enable us to do that,” he added.
The company said it would use the money to develop its modular product suite and to counter increasing threats across the sector, using quorum tech, biometric authentication and algorithmically encrypted message.
Jack Chow, a partner at VMS Investment Group, commented: “We have been thoroughly impressed by the high level of products Post-Quantum has developed. The global business environment has never been at greater risk of complex cyber attacks, and we firmly believe Post-Quantum has the expertise and solutions that can provide defence-grade protection to enterprises across the world.”
If you’re interested in cybersecurity, check out edition 9 of our popular tech magazine – The Cybersecurity Issue – to find out more. Subscribe to receive the magazine for free here.