CYJAX Celebrates Successful Completion of First Funding Round 

London, 23 June 2023 – CYJAX, a pioneering Cyber Threat Intelligence company, is proud to announce the successful completion of its first major funding round, securing £2 million in investments. The funding round was oversubscribed, with strong interest from prominent investors, indicating a high level of confidence in CYJAX’s vision and potential for growth. 

CYJAX is dedicated to revolutionising the Cyber Threat landscape by making relevant threat intelligence accessible to everyone using its innovative modern technology. With the completion of this funding round, the company is poised to accelerate its development and reach significant milestones in the coming months.  

“We are thrilled to have successfully completed our first funding round, and we are grateful for the overwhelming support from our investors,” said Kevin McMahon, CEO of CYJAX. “This investment will enable us to further advance our cutting-edge technology and expand our market presence, solidifying our position as a leader in the Cyber Security marketplace.” 

The funding will be utilised to fuel various key initiatives, including:  

Research and development: CYJAX is committed to continuous improvement and innovation, and the funding will be instrumental in accelerating its AI product development roadmap. By intensifying its focus on research and development, CYJAX will enhance product capabilities. This investment will ensure that CYJAX remains at the forefront of technological advancements in the industry, enabling customers to stay one step ahead of emerging threats.

Team expansion: In order to support the company’s ambitious growth trajectory, CYJAX will leverage the funding to attract top talent and bolster its team across various departments. Key areas of focus for team expansion will include engineering, sales & marketing, and operations. By assembling a diverse and skilled workforce, CYJAX aims to foster innovation, strengthen customer relationships, and ensure seamless operations, all contributing to the continued success of the company.

These strategic initiatives align perfectly with CYJAX’s vision of revolutionising the Cyber Threat Intelligence landscape. By combining market expansion, research and development, and team growth, CYJAX is well-positioned to deliver outstanding solutions, making relevant threat intelligence accessible to everyone and empowering organisations to defend against sophisticated cyber threats.

“We are excited about the opportunities that lie ahead,” added Kevin McMahon. “This funding not only validates our business model but also provides the resources needed to drive our vision forward. We remain committed to delivering outstanding solutions and creating value for our customers and stakeholders.” 

Since its inception, CYJAX has achieved notable milestones, winning both industry and peer awards, including becoming the first small business in history here in the UK to provide services directly to national policing. With this successful funding round, the company is poised to accelerate its growth trajectory and solidify its position in the Cyber Security Marketplace.

About CYJAX 

CYJAX is a Cyber Threat Intelligence company that helps business leaders identify and mitigate potential cyber risks. Committed to innovation, CYJAX is focused on the external threat landscape, and third-party supply chain.

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