CybaVerse funding news – UK-based CybaVerse Secures €1.3 Million in Funding

Funding utilisation

The money will help the company expand its team and speed up development of the platform. It appointed three senior leaders to lead this new phase.

One of the new hires is Andreas Wuchner, who will serve as Chairman. He brings over 26 years of experience in cybersecurity, having worked in senior roles at major companies like Deutsche Bank, UBS, and HP.

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Andreas's impressive background at top global companies gives him valuable knowledge that will help CybaVerse grow and innovate in the industry. His leadership will be important for achieving the company's goals.

New Appointment in Company

The CybaVerse team is also welcoming Juliette Hudson as the Chief Technology Officer (CTO). Juliette brings important technical skills and experience having worked as a regional manager at Kroll and in technical roles at Bupa and Symantec.

Additionally Nicola Hartland joins the team as a Non-Executive Director and Brand Advisor. With over 20 years in cybersecurity and technology, Nicola will use her experience to strengthen client relationships and help the company grow.

Andreas Wuchner said, “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,".

CybaVerse growth

It has grown from a small consulting firm into a leading cybersecurity managed services provider, with its platform, CybaVerse AI at the forefront. The team of experts at CybaVerse specializes in tackling complex challenges for their clients changing how cybersecurity is managed.

The recent launch of CybaVerse AI represents a big step forward. This platform is designed to make cybersecurity management easier for small and medium-sized enterprises (SMEs). It offers a clear view of their entire cybersecurity setup, improving efficiency, project management, and reducing the workload for in-house IT and security teams.

Oliver Spence, CEO of CybaVerse said, “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,”.

About CybaVerse

CybaVerse aims to develop new solutions with skilled professionals efficient processes, and advanced technology to provide top-notch managed cybersecurity services. Their team is highly trained motivated and reliable ensuring you can trust them for your cybersecurity needs.