PureCyber, a rapidly expanding technology firm, has secured a significant £5 million investment from BGF, a leading SME growth capital investor. This funding will enable PureCyber, which specializes in outsourced cyber solutions and subscription services, to broaden its client base and enhance its market presence.

Founded less than a decade ago in Cardiff, PureCyber has quickly risen to become one of the fastest-growing tech companies in Wales. The company primarily targets SMEs across various sectors, including professional and financial services, manufacturing, education, and sports. With a team of 37 cybersecurity specialists, PureCyber is also making inroads with large global corporations, aiming to increase its market share among cybersecurity providers.

Andrew McGlashan, a partner at Acuity Law, expressed his excitement about supporting PureCyber in securing this substantial investment. He emphasized the firm's commitment to further assisting PureCyber as it continues to grow its market share.

Damon Rands, founder and CEO of PureCyber, highlighted the pivotal nature of this investment. He noted that the funding would allow the company to enhance its service offerings, reach a wider audience, and maintain its mission of delivering top-tier cybersecurity solutions. Rands also praised the support from Acuity Law throughout the investment process and looked forward to continued collaboration during the company's next growth phase.

This investment marks a significant milestone for PureCyber, positioning the company to better protect businesses from the evolving landscape of cyber threats.