Digital forensics technology firm, Cyan Forensics, has made a significant financial leap. The Edinburgh-based company has secured nearly £900,000 in its latest funding round, bringing its total investment to almost £1.5 million since its inception in 2016.
Cyan Forensics develops cutting-edge technology that rapidly identifies crucial digital evidence. This has placed them at the forefront of sensitive investigations such as child sexual exploitation and counter-terrorism. The recent investment will enable the company to explore international markets and further applications in cybersecurity.
Cyan Forensics’ latest financial infusion was led by American investor Don Macleod, alongside existing investors Mercia Fund Managers and The Scottish Investment Bank. These funds will not only fuel domestic expansion but also pave the way for international ventures. The company aims to capitalise on its existing technology to make a mark in global markets, fostering public safety through faster digital investigations.
With a customer base that includes various governmental and law enforcement agencies, the company is well-positioned to grow and innovate. Its award-winning technology has already proven indispensable in numerous sensitive operations.
They recognise the immense potential of its forensic technology in reshaping how highly sensitive crimes are investigated. Director Kerry Sharp from the Scottish Investment Bank also highlighted the firm’s impressive growth trajectory.
This initiative is expected to open new avenues and expand the company’s technological capabilities, potentially transforming its role within digital security spheres.
This fundraising milestone further entrenches Cyan Forensics’ reputation as a leader in digital forensic technology.
The support from the Scottish Investment Bank provides a robust foundation for these expansion efforts. The company aims to leverage this opportunity to enhance its global influence and drive innovation in digital forensics.
Cyan Forensics stands at the cusp of significant growth. With new investments, it is poised to advance its pioneering solutions globally. The firm’s commitment to enhancing digital investigations bolsters its promise of contributing to public safety through innovative technology.
