British cyber start-ups targeted by $350m investment fund

January 24, 2016

British cyber security start-ups are being targeted by American venture capitalist Paladin as it seeks to invest $350m.

The company has launched a new fund based out of the UK and brought on board heavyweight advisers including the former head of GCHQ Sir David Omand, and Richard Clarke, the White House’s ex-cyber security adviser.

Alex O’Cinneide, the fund’s European head, said: “The UK is a natural extension for us after investing in companies protecting critical infrastructure in the US.”


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