Funding

[Funding alert] UK-based ExactTrak Secures £1Million in Funding

Feb 24, 2024 | By Startup Rise EU

UK-based ExactTrak secures £1million in funding. The round featured many angel investors, including significant current backers, as well as a £500k investment from UKI2S's £18 million MOD-backed defence & security seed (D2S) fund.

UK-based ExactTrak secures £1million in funding. The round featured many angel investors, including significant current backers, as well as a £500k investment from UKI2S's £18 million MOD-backed defence & security seed (D2S) fund.

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The money will be used by the business to advance the development of its post-quantum cyber threat solution. ExactTrak, a cybersecurity startup led by CEO Norman Shaw, offers cutting-edge solutions that cross industry boundaries to protect data in both the public and private sectors.

ExactTrak successfully removes traditional cyber threats by prioritising hardware that is built-in rather than software solutions that are often used. This ensures a comprehensive defensive mechanism that surpasses the limitations of software-based approaches.

Read also - Paris-based Ouinex Secures over $4Million in Funding

The company, which holds 19 granted international patents, has strategically partnered with Dell to further enhance their capacity to meet evolving cybersecurity needs in the defence, security, and commercial sectors. They have done this by leveraging technical support and creating pathways for remote management within laptops that operate independently.

About ExactTrak

ExactTrak, Boost your digital defence by employing SmartSafe embedded security to secure your gadgets. Beyond the bounds of software, SmartSafe is a world-first patented technology that provides a protective layer of cyber protection at the source.

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