Home Business News UK cyber security firm Garrison secures $30m backing from UK investors

UK cyber security firm Garrison secures $30m backing from UK investors

by LLB Reporter
15th Oct 18 7:13 am

Garrison, the specialist provider of ultra-secure web browsing technology, today announced it has raised $30m in additional funds from London-based investors.

The company’s unique technology enables users to access all content on the web without any risk of exposing their organisation to cyber-attack. Instead of relying on a traditional threat detection-based model, it uses a revolutionary technique to place a gap at the most fundamental electronic level between the internet and the end-user’s device. This means that malicious web content never comes into contact with the user or their organisation’s IT systems.

Ultra-secure government and military customers have been among the first to benefit from the technology, which is now being adopted by mainstream commercial organisations due to its affordability and the increasing cyber threat they are facing.

The round was led by Dawn Capital, investors in London-based Mimecast, the NASDAQ-listed email security company that is today valued at $2.1bn, and brings the total raised by Garrison to more than $50m at prevailing exchange rates, all from London-based investors.

“Organisations today recognise the ever-growing threat to their most sensitive data and systems posed simply by allowing employees to browse the web, but until now they’ve faced an unhappy choice: restrict web access and allow productivity to suffer, or run the risk of exposure to hackers,” said Garrison CEO David Garfield. “We’ve designed the world’s first truly secure web browser to solve this problem, applying national-security-grade levels of protection to the commercial environment – at an accessible price point – in a way that doesn’t destroy the user experience as employees go about their work.”

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