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Enterprise

Government-backed cyber security training firm Capslock raises more than £1m

The company was founded by Andrea Cullen, Jonathan Slater and Lorna Armitage

The Capslock team

An online cyber security bootcamp provider has raised more than £1m to help adults re-skill and land high-paying jobs in the sector.

Capslock has secured the £1.04m boost through a pre-seed funding round which was completed in two tranches.

Backers included Ufi VocTech Trust, GC Angels, the º£½ÇÊÓÆµ Government as well as a group of nine angel investors.

READ MORE: Gen Z recruitment platform Hundo raises $2m to scale up

Since the company was founded, some of its graduates have gone on to work for the likes of Boohoo, Dyson, BAE Systems and PwC.

As part of their income share agreement, those graduates will repay a percentage of their monthly income back to Capslock over a set period of time, but only once they have landed a high-paying role.

The company was founded by Andrea Cullen, Jonathan Slater and Lorna Armitage.