a year ago

Sitehop Secures £5 Million to Enhance Cybersecurity Encryption for Communication Networks

  • Sheffield-based cybersecurity startup Sitehop has raised £5 million in a funding round led by Amadeus Capital Partners and Manta Ray Ventures

  • The company, founded in 2021, specializes in developing encryption tools for complex communication networks

  • The investment will support Sitehop's international expansion plans, including hiring in Brazil, the US, and India, as well as further development of its encryption technology.

      • ProblemTechnology

      "cybersecurity encryption slowing down communications networks"

      Solution

      "hardware-enforced encryption via SAFEblade 1100 to support over 4,000 secure tunnels at once with encryption or decryption latency of “less than 900 nanoseconds”"

      Covered on