A Portuguese cybersecurity and data protection firm has announced plans to relocate the business to Gloucestershire later this year.
B10SEC Cybersecurity and Data Protection's founder and chief executive Flavio Shiga said he plans to move the company's global headquarters to Cheltenham.
B10SEC specialises in providing data protection and cyber security services, delivering projects to more than 10 countries. One of the firm's key areas of expertise is the identification of data leaks, allowing it to launch the 1O Leak Data Monitor solution, a software solution designed to pinpoint vulnerabilities that could potentially lead to data leaks.
The Invest In Gloucestershire team has supported the Portuguese firm over the past 10 months, having first been approached via the Department of Business and Trade on the back of the launch of the ‘Cyber in Gloucestershire’ High Potential Opportunity (HPO) initiative in September 2022.
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The team hosted Mr Shiga and his partner Jessica in December 2022. The company has since registered its intended global headquarters in Gloucestershire and are currently in the region actively seeking funding in the range of £500k to £1m.
Mr Shiga told BusinessLive that the firm's target customer base includes SMEs as well as large corporations across various industry segments.
B10SEC have been endorsed by the Department for Business and Trade who awarded them a Global Enterprise Award in March and were also accepted onto the Global Entrepreneur Programme who are supporting with B10SEC’s visa and onboarding processes.
Phil Clement, head of inward investment at GFirst LEP commented: "We are pleased to announce the establishment of another new company into the growing Gloucestershire cyber cluster, the largest outside of London. Working with Ƶ Government and bringing on board a range of partners meant we could offer Flavio and Jessica a strong network to help B10 Sec establish their global HQ."
Mr Shiga added: "We are delighted to be establishing our global HQ in Cheltenham. Cybersecurity is more than protecting systems; it's about safeguarding lives, building trust and fostering innovation. From our new home in Cheltenham, Gloucestershire, we are keen to grow our new Ƶ business and be an active member of the local cyber community, from whom we have received such a warm welcome."
Mike Jackson, dealmaker, global entrepreneur programme said: "B10SEC is just the kind of deep tech company the Department for Business and Trade’s Global Entrepreneur program is designed to support and I’m delighted Flavio has chosen my home patch of the South West and the Cheltenham Cyber cluster in particular, to grow his business.”
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