Censornet – the award-winning Cloud Cybersecurity company – has exclusively appointed ScaleUp Group to obtain funding to further fuel growth of its leading Cybersecurity solutions …. The global Security market is estimated* to be worth $13 billion by 2022, getting 65,000 attacks per day at an average cost per breach of $3m+ (*Business Insider)

Censornet is already providing its integrated cloud-based security solutions to over 1,000 customers covering Email, Cloud Access Security Brokers (CASBs), Web and Multi-Factor Authentication (MFA), vital for digital business and growth – especially in the new CV19 ‘normal’ of virtual/remote working. This is all fully integrated into one single user experience, leading to significant reductions in complexity, cost, service risk, time to market and investment risk – compared with having multi-point cybersecurity solutions from different vendors.

Ed Macnair, CEO Censornet said “I’m delighted to be working with the experienced entrepreneurs at ScaleUp Group, obtaining growth funding and advising us on our ScaleUp strategy and execution plans to underpin our vision to be the #1 provider of intelligent, integrated, innovative cybersecurity solutions to mid-tier companies globally”

John O’Connell, Executive Chair of ScaleUp Group commented “Now more than ever businesses of all types and sizes need highly secure digital environments in which to operate, but without the performance overhead of older generation cybersecurity technology.” John continued “Ed and team have positioned Censornet to be in the right place at the right time. We are delighted to help them elevate their ability to execute on their ambitious plans going forward.”

Censornet plans to use the funding to increase resources to help UK & Global customers thrive and survive through its partner network by significantly improving the security resilience, cost, agility of essential business services, operations and infrastructure.

ScaleUp Group clients have already gained over £30M in growth funding – including individual investment from the 29 strong ScaleUp Group membership of successful tech entrepreneurs.

About ScaleUp Group™ (SUG) – Growing Global Champions™️

ScaleUp Group is a team of successful global entrepreneurs, board members and executives, with over £4billion in exits, formed to ‘Grow Global Champions’ by providing unique expertise, insights and connections to technology companies who have the ambition to #ScaleUp.

ScaleUp Group accelerates growth by helping to secure appropriate funding, using a tried and tested process and providing ongoing support during the growth journey, sourcing talent, board/advisory positions and trade/client introductions via our extensive global ecosystem. To help the UK Tech ScaleUp Ecosystem during the COVID-19 crisis ScaleUp Group has issued a number of Guides on key topics … see www.scaleupgroup.co

Contact: Paul Excell, paul@scaleupgroup.co, +44 7860 615395

@ScaleupGrowth #GrowingGlobalChampions #SustainingGlobalChampions #EntrepreneursWithPurpose.

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