Livingbridge Growth today announces an investment in Reading-based SecureCloud+, a provider of innovative ICT systems for Defence and Public Sector customers with demanding security requirements.
Users are given access to their networks, resources and applications using secure solutions as an end-to-end managed service. Livingbridge has invested growth capital into SecureCloud+ using funds from the Baronsmead Venture Trusts.
Peter Williamson, who founded the company in 2014, has been providing secure managed services to Government departments since 1998 and has a wealth of knowledge surrounding the challenges which Defence and other Public Sector organisations face. Under his leadership the Company has grown rapidly since its formation and delivers multi-year contracts at all tiers of the government’s IT security classification system, including TOP SECRET. The company also has a Research & Development facility in Crewe at their List X site which is accredited to hold government information at up to SECRET.
SecureCloud+ is well positioned in a market where the barriers to entry are high; that is growing rapidly and where there is an increasing need to share information across organisations, departments, agencies and security domains. The investment will be used to further extend capacity and capability as the business grows.
Steve Cordiner at Livingbridge said:
“We’re thrilled to announce our investment in SecureCloud+. The business operates in an exciting and specialised market having built a strong reputation with its customers for reliability and security. They are exactly the sort of innovative and disruptive business that Livingbridge Growth looks to invest in and we look forward to working with Peter and his skilled and experienced team.”
Peter Williamson CEO at SecureCloud+:
“The natural alliance between SecureCloud+ and Livingbridge is a good business and cultural fit and is a strong endorsement of the Company’s strategy. This investment will unlock new opportunities for SecureCloud+ enabling us to address new markets, extend our pool of talent and further develop the Company’s engineering capability.”
Livingbridge Growth invests equity of up to £5m and supports founders with bold ambitions for the future, investing in exceptional entrepreneurs and providing transformational capital and expertise to accelerate business potential. If you would like to speak to the Livingbridge Growth team about your business then please contact us on email@example.com
SecureCloud+ provides innovative ICT systems for Defence and Public Sector customers with demanding security requirements.