ThreatSpike Unveils £10.4m Series A Funding for Global Expansion

ThreatSpike, a cybersecurity company based in London, has successfully secured £10.4 million in a Series A funding round to enhance its global reach. The company, which was founded in 2011 and has focused on bootstrapping until this point, aims to revolutionize the traditional cybersecurity landscape by offering a unified platform that mitigates the complexity and costs associated with existing security tools. The funding round was led by Expedition Growth Capital, and in light of this investment, Will Sheldon, a partner at Expedition, and Emily Orton, co-founder of Darktrace, have been appointed to ThreatSpike's board. The new capital will be directed towards further developing the company's engineering, security operations, and market outreach teams. To date, ThreatSpike has grown entirely on demand-driven expansion, operating installations across 90 countries with over 200 corporate clients, spanning industries like hospitality, industrials, and professional services. The company prides itself on its customer-centric approach, providing a comprehensive security platform that eschews the traditional model of complex and costly solutions. Expedition Growth Capital's investment marks the first outside capital the company has received, presenting an opportunity to leverage Expedition's resources and expertise to bolster ThreatSpike's continued expansion.