SNIB £2.6m investment into cybersecurity will help tackle harmful online content

SNIB £2.6m investment into cybersecurity will help tackle harmful online content

Pictured (L-R): Jane Reoch, executive director at the bank, Ian Stevenson, CEO of Cyacomb and Viplove Bhargava, senior associate at the bank (credit: Nick Mailer Photograph)

The Scottish National Investment Bank (SNIB) has today announced a £2.6 million investment into cybersecurity expert, Cyacomb.

The Edinburgh-based tech company has developed software to detect and block harmful online content that is 100 times faster than any existing search tool.
Cyacomb will use the funding to scale up its operations, explore new markets, and continue the push for an online world where no harmful digital content can be hidden or shared.

Ian Stevenson, CEO, said: “Our forensics products help law enforcement find evidence fast, speeding investigations and supporting prompt safeguarding actions for children and the wider community.



We are now turning our attention up-stream too, tackling one of society’s most pressing issues – the rising levels of child sexual abuse material being shared in our increasingly encrypted online world.

“Cyacomb Safety detects and blocks child sexual abuse material within the end-to-end encrypted environment whilst protecting user privacy and security.

“This funding comes at a strategic time for us as we expand our market reach and appoint a new non-executive director, Richie McBride. Richie, founder of Edesix Ltd, brings a wealth of experience in scaling software businesses, particularly servicing law enforcement and government clients.

“The Bank’s support will ensure we are able to grow as a business, introduce our software to more organisations and ultimately protect children and improve online safety.”

Jane Reoch, executive director, at the Bank, added: “Cyacomb is at the forefront of tech development in Scotland. They perfectly align with our mission to harness innovation. Their software is delivering real, tangible benefits to society both in detecting harmful content, but also reducing trauma as officers no longer have to trawl through hours of offensive images – it’s all done quickly and efficiently with their software.

“It’s inspiring to support companies like Cyacomb in being able to grow and develop their product to take it further in to new, global markets.”

The funding round also attracted follow-on investment from existing investors Scottish Enterprise, Par Equity, the MacLeod Trust and Mercia Ventures.

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