Home About Contribute Sponsorship Contact Sign In


Technology Industry News

SureCloud Secures Multi-million Pound Investment from BOOST&Co to Accelerate Gro

The integrated risk management and cybersecurity provider will use the funding to accelerate its plans for expansion and forge a new direction for the company

SureCloud Secures Multi-million Pound Investment from BOOST&Co to Accelerate Gro

"Its always been our goal to not just serve clients, but innovate and develop on their behalf"
Richard Hibbert

Integrated risk management and cybersecurity provider, SureCloud, has recently secured a multi-million venture debt facility from growth lending specialists, BOOST&Co.  


News of the funding comes just as SureCloud moves on its plans for growth in the UK, as well as its plans for expansion into the US. The funding from BOOST&Co, a fast-growing alternative lender that invests in high-growth SMEs, also acts as a vote of confidence in the new direction SureCloud is forging, that is expected to change the industry landscape significantly.  


SureCloud has been operating for more than 15 years, supporting the governance, risk and compliance (‘GRC’) market and cyber and risk advisory services of major corporate firms. The company operates across multiple sectors, including banking, manufacturing and government, implementing flexible, cloud-based solutions that focus on user experience, data aggregation and artificial intelligence that helps clients de-mystify risk, compliance and cybersecurity. 


Now, with the support of the funding from BOOST&Co, SureCloud is seeking to build on its recent success and plot a new path forward that will shape the industry in 2021 and beyond.  


SureCloud has already demonstrated 40% growth per year for the last five years, but as the firm has begun to scale, it has had to invest heavily in its own growth,” says Ryan Sorby, principal at BOOST&Co and head of the lender’s Manchester office. “The team is expecting to double the size of its US operations during the next couple of years, as well as scale its UK client base, but they need growth funds to support this and our investment provides exactly that.” 


SureCloud has also been recognized in three of Gartner’s Magic Quadrants and identified as a challenger within the consulting firm’s 2020 IT Risk Management and IT Vendor Risk Management quadrant reports. This accolade, alongside CREST certified cybersecurity capabilities and ISO compliant solutions, demonstrates the calibre of the business, as well as the growth trajectory which BOOST&Co is confident to support. 


“In SureCloud we recognize a robust business with an exceptional offering, demonstrating significant growth metrics,” Sorby continues. “The firm is operating in an attractive sector, with an impressive customer list, so we’re excited to be a part of its journey.” 


SureCloud CEO, Richard Hibbert, said of the investment: “We’re thrilled that BOOST&Co are with us on this journey. We’re confident that SureCloud will have a game-changing impact on the cybersecurity, compliance and risk management landscape in the coming years, and this funding will help support our exciting plans for growth and expansion. It’s always been our goal to not just serve clients, but innovate and develop on their behalf, shaping the GRC industry as we go, and this investment will help us continue to do just that.” 


Technology Business News - LOS ANGELES 23rd March 2021 - Cloud security innovation leader, Orca Security, has today announced a successful 210 million Series C funding round.

Orca Security announce $210m Series C round led by CapitalG and Redpoint Ventures

Technology Business News - As the finance industry increasingly adopts digital onboarding technologies, they are utilizing and storing more of our biometric data and personal identification information.

Regulation needed to ensure Finance Industry use compliant Digital Identity technologies

Technology Business News - If you don t work in the Finance industry, you naturally aren t too concerned with financial services industry regulations. Yet some regulations don t just affect the people who work in the finance industry they affect everyone.

Global Finance Industry faces further regulation after pandemic exposes weaknesses

Technology Business News - Global healthcare leader Abbott have announced the release of their first Virtual Reality training program, powered by Oculus Go , aiming to fundamentally change how cardiologists are trained in using Optical Coherence Tomography OCT imaging technology.

Abbott launches flagship Imaging Technology VR Training Program for Cardiologists

Technology Business News - Next year will be the 40th anniversary of the launch of MTV. Launched in August 1981, MTV aptly chose Video Killed The Radio Star by The Buggles as their first featured music video. Video never did kill the radio star, online radio stations and music streaming services have never been more popular.

YouTube creator brings electronic music to life with visionary video productions

Technology Business News - Organizations invest heavily in security and compliance. They secure and monitor emails, networks and devices to help protect their data, employees and reputation.

Theta Lake's rapid rise to prominence from the need to protect the collaborative workplace

Ten Times Ten

Analytics, Modelling & Business Intelligence Specialists