海角视频

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Tech

Cyber security firm OneClickComply seals 拢580,000 funding boost

The deal marks the firm's second from the Venture Sunderland Fund in less than a year

Left to right: Conor Sizeland and Connor Greig, co-founders of OneClickComply, Tom O鈥橬eill, investment manager at Northstar Ventures, and Kelvin Harrison, chair, OneClickComply(Image: Kevin Gibson Photography)

A Sunderland cyber security specialist is set to create new skilled jobs on the back of a new six-figure investment – its second in 10 months.

OneClickComply – formerly known as FAT32 – last year became the first business to secure backing from the Venture Sunderland Fund after it was launched by fund managers Northstar Ventures. It secured a £550,000 finance deal, which includes £350,000 from the fund.

The Sunderland business is helping to make changes in the regulatory tech industry through its flagship tool, which can complete cyber-security tasks up to 20 times faster than traditional methods. Now Northstar Ventures has backed OneClickComply with fresh investment of £275,000 from the Venture Sunderland Fund, as part of a £580,000 round alongside angel investors and a significant grant from Innovate 海角视频’s North East investor partnership programme.

The investment comes during rapid growth for the cyber and information security market, which it is estimated will be worth around £16bn by 2029 in the 海角视频. Growth has been driven by the rise in sophisticated and frequent cyber threats, as seen through high profile incidents at M&S and Royal Mail, combined with the need to comply with key information security standards.

OneClickComply says it stands out in the market thanks to its automation capabilities, which sees the tool auto-implement recommendations at the click of a button. The business also provides a suite of cyber security products including continuous threat monitoring, vulnerability management and vendor risk management as part of its core packages.

Connor Greig, CEO and co-founder of OneClickComply, said: “We are proud to announce that OneClickComply has now secured over £1.2m in investment, including this most recent follow-on funding. This significant milestone will allow us to deepen our roots in Sunderland by investing directly into the local economy and actively expanding our team with highly skilled professionals.

“Addressing the ongoing cyber security skills shortage remains a central focus for us, and these funds will enable the creation of new roles that are vital in countering the industry-wide talent crisis. Our mission remains to empower organisations of every size with sophisticated yet accessible cyber security solutions, giving them the confidence to protect their operations in an increasingly complex threat landscape. By investing in both people and innovation here in the North East, we aim to establish OneClickComply and Sunderland as catalysts for positive change within the broader cyber security sector.”

Tom O’Neill, investment manager, Northstar Ventures, said: “We’re delighted to support OneClickComply’s further growth with this additional investment. Their innovative solution to automate regulatory and cyber security compliance provides a cost-effective and accessible solution to customers that are increasingly aware of the risks of non-compliance.