SecureCloud+ secures £5m investment from Gresham House Ventures
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Founded in 2014, SecureCloud+ offers a suite of bespoke cyber-resilience tools for defence companies and government bodies. Its information collaboration systems allow clients to share and analyse high-level security information across multiple locations.
The new funding will be used to accelerate further improvements to SecureCloud+’s flagship CWE platform, making greater use of automation to bring additional capabilities to users. The boost comes at a significant moment for the business, which is positioned to take advantage of increasing UK defence spending, with a particular focus from government on technology and cyber resilience.
Alongside the investment from Gresham House Ventures, SecureCloud+ is making several changes to its senior leadership team as the business looks to the next stage of its growth journey. CEO Greg Clarke will take on the role of Executive Chair, bringing 45 years of experience to the role. Peter Williamson, SecureCloud+’s founder, will become a Non-Executive Director, while Field Marshall Nick Houghton will remain with SecureCloud+ as a Senior Military Advisor.
Since Gresham House Ventures’ initial investment in 2018, SecureCloud+ has grown significantly, tripling its headcount and building a strong base of highly skilled jobs at its headquarters in Stoke-on-Trent.
Greg Clarke, CEO and executive chair at SecureCloud+, said: "Gresham House has been a longstanding supporter of SecureCloud+, and I’m thrilled to be co-investing with them to drive the next phase of our growth. Protecting the UK’s most sensitive information is a responsibility we take with the utmost seriousness. As a UK-owned SME proudly based in Stoke-on-Trent, this new funding will enable us to expand our operations, create more jobs, and continue serving the nation’s critical interests."
James Hendry, investment director at Gresham House Ventures, said: “SecureCloud+ has delivered impressive growth since our initial investment, growing its team and strengthening its offering of outstanding solutions for the defence sector. Now, with defence spending set to increase over the coming years, SecureCloud+ is ideally placed to build on its outstanding track record, so we are thrilled to be providing further support at this exciting time for the industry.”
