Foresight invests GBP2.5m of growth capital in Titania
Summary
Founded in 2009 by Ian Whiting, the company has grown substantially due to the success of its first product, Nipper, which automates the assessment of network devices to identify mis-configurations and vulnerabilities with the accuracy of a penetration tester. The demand for accurate audit automation at scale is driven by regulatory requirements for continuous monitoring, with Security and Network Operation Centres testing all devices more frequently. Through this new product, Titania has the opportunity to become a global leader in meeting this critical new need, helping organisations worldwide strengthen and secure vital networks at scale. The ever-increasing cybersecurity threat presents a large and rapidly growing global market opportunity for continuous network device monitoring at enterprise scale which Titania’s products address with unparalleled accuracy and speed.” Ian Whiting, Founder, says: “Our partnership with Foresight comes at a very important time in the Company’s development and that of the industry. It provides the platform from which to accelerate our growth and our delivery of enterprise-scale solutions to meet customers’ cybersecurity challenges, helping them stay ahead of constantly developing threats.”