Capital Markets Fintech Investment Services News

Haven Cyber Technologies Group Secures €5.7 Million Investment From C5 Capital

Haven Cyber Technologies Group Secures €5.7 Million Investment From C5 Capital

 Haven Cyber Technologies Group (Haven Group), announced a further investment of €5.7 million from C5 Capital, the specialist investment firm investing in the secure data ecosystem. In addition, the Haven Group announced Andrew Miller had been appointed as Group Chief Financial Officer, and James Armstrong had been appointed Finance Director of ITC Secure, one of Haven Group’s operating companies, to lead the next phase of growth.

Read More: GlobalFintechSeries Interview with Nick Cowan, CEO of the GSX Group

Haven Group is a European focused pure play cybersecurity provider. Its operating companies, ITC Secure and Onevinn, provide enterprises with leading cybersecurity services and products. C5 Capital’s investment will support the Haven Group’s organic growth as it focuses on enhancing its solutions, products and consulting competencies to achieve its objective of being a premier European Managed Security Service Provider (MSSP).

Andrew Miller will support the Haven growth plan by leading financial planning, reporting and risk management across the Haven Group. Based in ITC Secure’s London office Andrew brings more than 20 years’ experience in finance and operational roles in the technology sector, with extensive corporate and commercial expertise in the US, UK, Europe, Australasia and South America. He joins the Group from Corero Network Security plc, an AIM-listed cybersecurity business, where he was Chief Finance Officer and Chief Operating Officer. He has also held senior roles at Datatec, where he led the acquisition and integration strategy of 15 global cybersecurity businesses into the Logicalis Group, Standard Bank, WestLB and Coopers & Lybrand.

Read More: SIMON Markets LLC and Raymond James Launch New Strategic Partnership for Annuities

James Armstrong has been appointed Finance Director at ITC Secure. James was previously Chief Financial Officer at 6point6, a technology consultancy specialising in digital transformation, cybersecurity, data and emerging technologies, and prior to that was Finance Director at Bain Capital. At ITC Secure, he will focus on supporting the business’ growth plans as well as managing the financial and risk aspects of the business.

Read More: Abrigo Adds Transparent Artificial Intelligence Scenarios, Direct File to FinCEN to its Financial Crime Prevention Software

Related posts

Guaranty Bank & Trust Selects Unqork for Development of Cutting Edge Digital User Experience

Fintech News Desk

Mastercard Continues to Advance Support for Inclusive and Sustainable Urban Development and Grow City Possible Network

Fintech News Desk

PayGround Expands Into Digital Health Markets

Fintech News Desk
1