Cyber security is one of the top concerns of companies that rely on digital processes for their operations. It’s rare to find a business that isn’t involved with some type of digital activity. As cyber criminals become more advanced, the need for cybersecurity platforms that detect potential threats and arrest them in advance of invasion is necessary. CybSafe is a company that develops and distributes cyber security software through a web and mobile app to provide users with customized cyber assistance. Everyone needs protection from hackers and CybSafe offers software that he’s users detect potential threats in real-time. If you’ve never heard of this company before, here are twenty things that you probably didn’t know about CybSafe to bring you up to date.
1. CybSafe is a European company
Crunchbase reports that CybSafe is a European company that was founded in 2017. The headquarters is in London, England, in the United Kingdom. As of 2022, CybSafe has been in business for five years. The legal name of the company is CybSafe Limited.
2. CybSafe uses a complex array of technologies to power its website
The CybSafe website actively uses 42 technologies to power its website. Our visit to the site revealed that the site operates smoothly and efficiently. The forty-two technologies are distributed across thirty-nine technology products and services. Some of them include jQuery, Google Analytics, HTML5, Google Font API, iPhone Mobile Compatible, Viewport Meta, and dozens of others.
3. Interest in CybSafe is up
The analytics report for the CySafe website shows that over the past thirty days 5,785 people visited. the number of visits ranks CybSafe as number 2,923,984 of the millions of websites registered on the world wide web. Statistics show that the number of visitors to the website is growing.
4. CybSafe is the most popular in the United Kingdom
The largest percentage of visitors to the CybSafe website come from people living in the United Kingdom. Sixty-four percent of the web traffic is from this country representing a monthly visits growth of 395.88 percent over the past thirty days. Nine percent of the web traffic is from Zimbabwe, seven percent from India, six percent from the Philippines, and six percent from Australia, which shows an increase in the number of monthly visits for the country of 706.67 percent.
5. CybSafe’s core executive leadership team has four members
The core executive leadership team of CybSafe has four members. Oz Alashe is the chief executive officer and founder. Janet Williams is a director and principal advisor. Kerry Baldwin is a director. Seam Lumley is a co-founder. The members of the team receive support from a larger group of executives and managers in the CybSafe workforce.
6. CybSafe has a one-member board of directors
The board of directors for CybSafe has one member. Andreas Wuchner joined the board of CybSafe in June 2020 as an advisor. Wuchner is the founder and owner of Wuchner Securities GmbH with one portfolio company. He currently serves on eight boards of directors in advisory roles.
7. CybSafe is a venture capital-backed enterprise
CybSafe has participated in four rounds of venture capital fundraising. The most recent round of Series B funding closed on June 6, 2022. The total amount raised over the four rounds is $40.2 million.
8. CybSafe has high investor confidence
CybSafe’s strategic planning team successfully attracted the interest of and financial support of seven investors. The investors have confidence that CybSafe will continue to grow and expand to deliver a solid return on their investments. CybSafe investors are Hannover Digital Instruments, Emerald Development Managers, Evolution Equity Partners, a lead investor, IQA Capital, also a lead investor, B8 Ventures, Shawbrook Bank, and Level39. These are the private investment firms that believe in CybSafe’s likelihood of success.
9. CybSafe is a privately held enterprise
You won’t find shares of CybSafe stock for sale or trade on any of the public stock exchanges. The company has not yet filed for an initial public offering. Our research has not discovered any indication of plans to go public with the company. CybSafe receives the necessary funding for its research and development, expansion, and operations through its private investors. The owners maintain control of the company. It’s assumed that each investor is given an interest in the profits of CybSafe, but the details of the contract and its terms are undisclosed. Some companies go public in hopes of raising funds to grow the business, but not all businesses that take that route receive the results they had hoped for. In some instances, private funding is the best option.
10. CybSafe is a SaaS company
Techcrunch confirms that CybSafe is categorized as a SaaS company. This means that it provides companies with software as a service. It is a technology company that provides Cybersecurity software in a platform that is behavior led and manages security components related to people. It combines data analytics and behavioral science to aid employees of client companies to gain cybersecurity awareness.
11. CybSafe gives clients a look into their employees’ behaviors
The CybSafe platform takes a different approach to its products and services. The platform’s use of behavioral science and data analytics gives employers a look into the behaviors of its workforce as it relates to culture and behaviors as they relate to security. It helps them to analyze behaviors and risk reporting to prevent security issues before they begin. The platform influences security behaviors to help employees to increase security awareness to lessen threats.
12. CybSafe has some stiff competition
The CybSafe company has been in business for five years and it is still viewed as a young organization. It goes up against several significant competitors for a slice of the market share in CyberSecurity. Some of its biggest competitors are fundraising in preparation for growth and expansion and include Wombat Security, Infosec, Proofpoint, SoF=Safe, and KnowBe4, which has recently raised $393.5 million from investors.
13. CybSafe has secured several large clients
CybSafe has some formidable competition in the cybersecurity industry, but the startup is doing well in securing a large client base. Its nontraditional approach to cybersecurity has attracted large clients including Vodafone, the telecom giant, Moody’s the FNZ Group, HSBC, Barclays Bank, Credit Suisse, and many more.
14. The CybSafe platform becomes more intelligent in time
The CybSafe platform is a cybersecurity solution that is programmed to become more effective through continued use. The software becomes more effective upon delivery of behavior change experiments at the micro-level. The guesswork associated with security awareness is eliminated over time. It is an educational system that teaches users about smart cybersecurity and it helps them to learn better behaviors that enhance cybersecurity while alerting employers to potential gaps in knowledge or safe practices. The longer a client uses CybSafe security solutions, the more it helps to improve cyber safety behaviors.
15. Investors see the potential for CybSafe as a disruptor in the cybersecurity industry
Evolution Equity Partners partner Karthik Subramanian has a great deal of positive feedback in his assessment of the potential for CybSafe’s platform. He shared that the company he represents only invests in founders with cybersecurity platforms that have the potential to disrupt the industry with innovative solutions that reimagine how companies approach the issue of threats in the cyber world. Investors approve of the CybSafe approach that goes far beyond the treatment of the symptoms and goes to the heart of the problem, which in many cases is employee behaviors. it’s a nontraditional approach that teaches awareness of solid security practices with reductions in the risks associated with human behaviors. It’s a brilliant approach.
16. CybSafe is viewed as a pioneer
CybSafe is a revolutionary company that takes a novel approach to security awareness and training that has not been seen in such a comprehensive format. It is a pioneer in utilizing metrics and data to alter human behaviors and create a security culture among the workforce. It’s an approach that brings everyone involved in the company together. It helps to create a standard way of thinking or a mindset regarding cyber behaviors to make them aware of safe behaviors and those that are not. It instills the knowledge of best practices, as it teaches everyone in the company better ways of approaching security through their behaviors. The Forrester Wave Report refers to CybSafe as a pioneer in security awareness and training, also known as SA&T.
17. CybSafe is expanding its workforce
LinkedIn confirms that CybSafe has a workforce of seventy-two employees. Our visit to the LinkedIn page for the company revealed that CybSafe has posted announcements for twenty-one new job openings. All of the available positions are advertised for candidates who live in the London, England area. The company is not hiring people outside of London at this time. It shows that CybSafe is building its infrastructure and beefing up the staffing at its headquarters. Many of CybSafe’s open positions are for various engineering jobs, and a few of them are marketing positions, product designers, and sales positions. When all the new hires are made, CybSafe will have nearly one hundred members of its workforce. It’s an exciting time of growth and development for the five-year-old establishment.
18. Oz Alashe is a co-founder with a solid education
According to his LinkedIn profile, Oz Alashe, co-founder of CybSafe, has an impressive academic record. He attended St. Albans School from 1987 to 1994. Immediately upon graduation, he started classes at the University of Reading, earning his degree in 1997. He attended the Royal Military Academy Sandhurst from 1998 through 1999. Alashe completed his Master of Arts degree in Defence Studies in 2014 from King’s College London. He also earned his CMI Postgraduate Diploma in Strategic Management and Leadership.
19. Oz Alashe has an impressive background and is well-respected
Alashe serves as an advisory board member for the Research Institute for Sociotechnical Cyber Security since February of 2021. He is also an associate fellow of the Royal United Services Institute since June 2020. It’s the oldest independent think tank associated with defenses and security on an international level. Oz Alashe is also an expert fellow of SPRITE, an acronym for the Security, Privacy, Identity, and Trust Engagement Network. The organization brings experts from government, civil society, industry, businesses, and macadamia together to explore challenges to security and trust in the digital age. Alashe has a solid background in the defense industry. He and Sean Lumley make a dynamic team in the cybersecurity industry.
20. Sean Lumley is a co-founder with a strong background in defense
The second founder of CybSafe is Sean Lumley. He studied at the University of South Africa from January 1995 through November 1995. He transferred to Rhodes University, where Lumley earned his BA in Industrial psychology, philosophy, and English. He attended the school on a sports scholarship serving on the Squash team. until 1997. He attended the Royal Military Academy Sandhurst from 1998 to 1999. He was involved in the Squash team and was awarded full colors in the 44 weeks Commissioning Course earning the position of Army Officer. He received numerous certifications. Lumley has international experience in various aspects of bid management, as director of bids and proposals and advancing to senior plans manager for Aegis Defense Services LLC. He is also a serial entrepreneur, establishing the Torchlight Group. He served as a non-executive director and co-founder for nine years and two months before co-founding CybSafe with Oz Alashe. Mr. Lumley has extensive experience in the defense industry. He also has a background in industrial psychology. Sean currently serves as the chief operations officer at CybSafe. He also provided pro bono work as a part-time volunteer for Michaelhouse for the past year and a half. The organization is a school in South Africa. It helps alumni to come together for a collective force to create good in the world.