LONDON (Reuters) – British cyber safety companies raised greater than 1 billion kilos ($1.36 billion) in 84 offers final yr, as overseas buyers tapped into progress in capabilities similar to community safety and risk monitoring, authorities knowledge confirmed on Thursday.
Companies that obtained new investment included Bristol-based Immersive Labs, which raised 53.5 million kilos, and London-headquartered Tessian, which secured greater than 52 million kilos, the federal government stated in its Annual Cyber Sector Report.
Employment throughout the business rose 13%, with greater than 6,000 new jobs created, to carry the full variety of folks working in cyber in Britain to 52,700, the report stated.
($1 = 0.7359 kilos)
(Reporting by Paul Sandle. Editing by Andrew MacAskill)