The rapid acceleration of digital adoption has led to increased cybersecurity threats. Attacks are growing more commonplace and sophisticated in nature. While much of the focus has been on detecting threats, organizations are scrambling to figure out how to disarm a threat quickly and understand how it happened. Cado Security is a digital forensics platform that helps the enterprise quickly determine what architecture is impacted and the implications. Traditional digital forensics platforms offer similar solutions but pinpointing exactly where there is a vulnerability takes hours of manually combing through disparate data. With Cado’s automatic data capture functionality, organizations can now approach their investigations with a tactical approach at cloud speed. London TechWatch caught up with CEO and Cofounder James Campbell to learn more about the experience of founding this business at the onset of the pandemic, future plans, and recent round of funding, from investors that include Blossom Capital and Ten Eleven Ventures.
Enterprise
Solidatus Raises £14M for its Data Management and Data Lineage Platform
Marc Andreessen famously proclaimed in 2011 that “software is eating the world”. Fast forward to today and it’s data eating the world. Data is growing somewhat faster or much faster than other types of data in 71% of enterprises according to Western Digital. By 2025, there will be 175 zettabytes (10,000 TB) of data. Solidatus is a metadata management and data lineage platform that’s focused on how enterprises view, manage, and understand their growing mounds of data. The company focuses on letting its customers harness the data economy, whether it’s for compliance, governance, introducing efficiencies, or even digital transformation efforts. Solidatus is currently used in a variety of industries including pharmaceuticals, banking, aerospace, manufacturing, consulting, and telecommunications. In 2020 alone, the company was able to quadruple its revenue as the pandemic introduced new complexities for data management across location and geography. London TechWatch caught up with Cofounder Philip Miller to learn more about the company, its future plans, and recent round of funding from investors that include AlbionVC, HSBC Venture,s and Citi.
Cledara Pulls in Another $3.4M to Centralize SaaS Spend and Management
Software may be eating the world but software spend may be eating your runway.
The average employee uses eight SaaS applications; companies with 50 or less employees have a total of 40 applications while larger companies with 1000+ employees have over 200 different subscriptions on average. Cledara is the SaaS purchasing and management platform that centralizes a company’s cloud software subscriptions, providing transparency into spend and usage. The pandemic has created a frenzied acceleration for digital transformation and the associated software needed and this trend has fueled massive growth for Cledara; the company has grown 20x in 2020 alone.
London TechWatch caught up with Cofounder and CEO Cristina Vila to learn more about the company’s platform, expansion plans, and latest round of funding from Nauta Capital and Anthemis.
Blue Prism Raises £100M to Make Robotic Process Automation Accessible to the Enterprise
“In this new economic reality, automation has become a top business priority.” Digital transformation is not just a buzz phrase. Robotic Process Automation is allowing employees and companies to reclaim millions of hours by leveraging technology to transform how we think about and approach work. Blue Prism is at the intersection of this sweeping trend and its product offering makes integration of these nascent technologies seamless. Executive Chairman and CEO Jason Kingsdon shares some insight on the company and the future of how enterprises work…
Qudini Brings the Best of Online to Help Physical Retailers Stay Relevant
If retail wants to compete with the ease and convenience of online shopping, retail teams have to create the best customer experience, and this is possible by utilizing software solutions. Qudini is the solution for enterprise retail that manages store operations and collects data to perfect customer experience. Through its app, retail teams can coordinate […]
Cledara Raises $930K to Empower Companies to Manage their SaaS Spend Effectively
Marc Andreesen famously proclaimed that “software is eating the world” in 2011. Since then there has been a meteoric increase in company spend on SaaS applications. The average employee uses 8 SaaS applications and the average company spend jumped 78% from 2017 to 2018 to $343K per company. Cledara is the centralized platform that empowers companies […]
Cognism Raises $10M to Boost Sales Team Revenue Like Never Before
B2B sales data is notoriously fragmented and disorganized, causing precious leads to go dry and ultimately leading to the loss of potential revenue, but the all-in-one prospection solution, Cognism, is fixing this through its patented Revenue AI engine. Congism is fully GDPR-compliant; it enables sales teams to identify ideal buyers and scale audience outreach by […]
InstaDeep Raises $7M To Empower Companies with AI-Powered Decision Making Systems
AI can help businesses tackle the most complex problems. London startup InstaDeep empowers companies to build AI-powered decision-making systems for the enterprise in Energy, Financial Services, Mobility, and Logistics. Clients using the software now receive unprecedented insight into operations and workflow and are able to easily deploy solutions tailored to their business faster than ever before. London TechWatch […]
This London AI Startup Just Raised $28M to Make Recruiting Faster and More Efficient Using AI
Trying to find the perfect candidate for a job can take forever so that is why Beamery is combining AI and marketing software to make the recruiting process easier. By creating metrics to define and forecast new initiatives, Beamery is turning recruiting from a reactive to a proactive function through its API middleware layer that […]
This London Analytics Startup Raised $10M to Make CyberSecurity Sophisticated
In-depth cyber security analysis is fundamental to making smart business decisions, and Panaseer is the transparent, cybersecurity analytics platform that provides unparalleled insight into the current state of a company’s cybersecurity vulnerability risk, enabling IT and risk teams to work more effectively. This London startup was the product of CEO and founder Nik Whitfield’s meetings […]