Cyber firm in job pledge after £580,000 funding
A tech firm has pledged to create jobs after securing £580,000 funding.
OneClickComply says it is set to “actively expand its team with highly-skilled professionals… to counter an industry-wide talent crisis”.
The Sunderland-based operator made the promise after backing from Northstar Ventures, angel investors and a grant from Innovate UK’s North East investor partnership programme.
Bosses say the funding – which includes £275,000 follow-on investment from Northstar’s Venture Sunderland Fund – will strengthen the firm’s presence in the multi-billion-pound UK cybersecurity market.
They add it means the business, formerly known as FAT32, has now secured more than £1.2 million in investment.
The company’s portfolio includes an automated compliance tool and cybersecurity products providing continuous threat monitoring, vulnerability management and vendor risk management.
Connor Greig, OneClickComply co-founder and chief executive, said: “This significant milestone will allow us to deepen our roots in Sunderland by investing directly into the local economy and actively expanding our team with highly-skilled professionals.
“By investing in people and innovation in the North East, we aim to establish OneClickComply and Sunderland as catalysts for positive change within the broader cybersecurity sector.”
Tom O’Neill, Northstar Ventures’ investment manager, added: “We’re delighted to support OneClickComply’s further growth.
“Their innovative solution to automate regulatory and cybersecurity compliance provides a cost-effective and accessible answer to customers increasingly aware of the risks of non-compliance.
“This investment will also support the generation of high-quality jobs in Sunderland’s burgeoning cybersecurity cluster, which is a key priority for Northstar Ventures.”
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