SOC.OS Raises £2M in Funding

socos

SOC.OS, a London, UK-based spin-out of BAE Systems Applied Intelligence, raised 2m in funding.

Backers included Hoxton Ventures and Speedinvest.

The company intends to use the funds to grow the business.

Born within the Futures team of BAE Systems Applied Intelligence, an internal innovation and venture incubation hub, SOC.OS is designed to help small, internal security teams manage the ever-growing number of alerts produced by threat protection and detection tools. It works by continuously analysing, triaging, and prioritising alerts, escalating the most important incidents to the IT security team for further review. A number of early adopting customers including the UK Atomic Energy Authority and The University of Sussex are already using the technology.

The new company launched officially in June 2020, with Dave Mareels as its CEO. It benefited from BAE Systems’ close collaboration with CyLon, a leading cyber security accelerator, participating as part of CyLon’s cohort 9 programme in 2019.

FinSMEs

07/07/2020

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