British cyber security firm Post-Quantum has closed an £8 million Series A funding round. The company specialises in developing defence-grade cyber security solutions that protect investment banks and other enterprises’ data and communications systems.
Post-Quantum has accumulated more than 20 patents since establishing seven years ago and recently won classified government contracts in secure communications. The firm also delivered a project to Barclays’ Global Information Security division and showcased a post-quantum secure messaging platform to NATO.
The latest investment from the Hong Kong-based VMS Investment Group and AM Partners adds to the £800,000 of existing seed funding. This includes investments Post-Quantum received from participating in Techstars’ 2015 Barclays Accelerator Programme in London.
Andersen Cheng, CEO of Post-Quantum, noted: “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.”
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