Garrison, a London, UK-based specialist provider of ultra-secure web browsing technology, raised $30m in funding.
The round was led by Dawn Capital, with participation from existing investors IP Group plc, BGF and NM Capital.
The company – which brought the total raised by Garrison to more than $50m at prevailing exchange rates, all from London-based investors – intends to use the funds to:
– expand sales and marketing activities,
– grow the engineering team, and
– enhance its “safe web browsing as a service” cloud offering.
Founded in 2014 by David Garfield and Henry Harrison, who previously worked together at national-security specialist Detica plc and subsequently established the Cyber Security business unit at BAE Systems plc, Garrison has developed technology that enables users to access all content on the web without any risk of exposing their organization to cyber-attack.
Instead of leveraging a traditional threat detection-based model, the solution uses a 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.
In the past 12 months, the business has nearly doubled in headcount to more than 50 staff, appointed Tudor Brown, former president of Arm to the Board and expanded its operations to the US.
Today its patented Garrison SAVI® hardware technology is used by employees within global blue chip organisations across the banking, insurance, media, telecoms and legal sectors, as well as by the UK Government.
FinSMEs
15/10/2018