New at LORCA
Privitar, a data privacy software company that’s part of LORCA’s second cohort, has closed a $40m Series B funding round led by global venture capital firm Accel. Privitar’s software helps clients like HSBC, BT and NHS Digital reduce the threat of advanced privacy attacks and protect their data. When it joined LORCA, the company hoped to benefit from being part of a broader cyber ecosystem and expand its client base. And with this fresh investment injection, it’s planning to accelerate the development of its products to meet demand. Commenting on the good news, Jason du Preez, CEO of Privitar, said: […] Read More
Today marks the kickoff of our third cohort, and we’re excited to introduce the 15 cybersecurity scaleups that will be joining our programme. If you remember, we consulted with industry to understand what sort of cyber solutions they thought the market needed most, which helped us create the focus areas for our search: security by design, basics and beyond. We then launched an open call, before inviting the shortlisted companies to come meet us and pitch their solutions. And today we’re able to reveal the final 15 to you. Making the UK a global cybersecurity leader and forging closer ties […] Read More
Britain’s universities and academic research is recognised as being among the best in the world. At the same time, we’re producing startups and scaleups whose cybersecurity solutions are more human-centric, data-driven and designed to fresh challenges created by emerging technology. To strengthen our cyber sector and boost its international reputation, it’s crucial that the two find ways to work together. So we’re excited to reveal that LORCA has facilitated exactly that. The Centre for Secure Information Technologies (CSIT) at Queen’s University Belfast has provided extensive engineering support to LORCA cohort member Surevine, which builds secure and scalable collaboration solutions. Through LORCA, […] Read More
LORCA Live brought together experts from NHS Digital, Microsoft, Barclays, the Alan Turing Institute, the government and more to debate the topic of trust in a digital era – and how it’s impacting everything from health to the future of autonomous vehicles. Here are some of our highlights… To set the scene for the day, Paul Taylor, director of CREST, argued that there’s been a “shift in the trust landscape”. “Five years ago, trust was around ensuring we had high-grade encryption and two-factor authentication,” he said. “The trust messages focused on competence and integrity. Today’s trust messages are around integrity […] Read More
Author: ObjectTech, a member of our second cohort As our world becomes increasingly connected and more people around the world come online, data is becoming so valuable some dub it the new oil. And as technology evolves, so too does the depth of the data about people’s lives that’s needed to continue to fuel the process. Much of the data that’s used to bring us personalised services and enable our digital lives contains highly personal details regarding our identity, including our names, dates of birth, addresses or even our favourite songs or eating habits. While disclosing this allows us to […] Read More
Author: Lydia Ragoonanan, director, LORCA When we launched LORCA in the summer of 2018, our sense was we were on to something special. And nine months in, our data is showing that our approach is paying off. Our cohort members have secured £18m in funding since they started with us, seen a job growth rate of 22% during their first six months at LORCA and secured 20% more contracts. LORCA is firmly securing its position as the leading place in Europe for scaling cybersecurity companies, and the good news is that cohort three applications are now open. We’re seeking […] Read More
While industry is hungry for new and innovative solutions to boost their defences, it’s also important that cybersecurity companies find ways to team up, augment their products with other solutions and exploit synergies. So we’re very excited to reveal that two of our cohort members have done exactly that. ObjectTech, innovators in identity and privacy, will be working with Distributed Management Systems, which has a remote access identity assurance product (CASQUE SNR). The made-in-LORCA partnership enables ObjectTech to access its identity systems remotely while maintaining security at levels certified by the UK government to a Secret Classification. Commenting on the […] Read More
After speaking to industry experts about their biggest cybersecurity challenges, LORCA has just launched an open call for our third cohort of cyber innovators. We’ve settled on three main challenges, so if you’ve got a product or solution that matches one of them and are ready to scale, you’ve got until 15 April to apply. Our three challenges are: 1 By design As people use more technology in their everyday lives, there’s a growing need for products that are secure through their design to make it easier for people and businesses to remain safe online. We’re on the lookout for cybersecurity solutions that […] Read More
LORCA cohort one member Ioetec, which is focused on securing the Internet of Everything, has teamed up with FLICQ, a Silicon Valley startup that provides innovative edge computing solutions for the Industrial Internet of Things (IIoT). This will see Ioetec implementing a version of its multi-layer authentication and encryption solution on FLICQ’s platform. The company will be using an approach that implements all thirteen steps of the government’s Secure by Design code of practice guidance for Internet of Things (IoT) manufacturers that’s intended to ensure the integrity, confidentiality and accessibility of data. Commenting on the news, Karthik Rau, CEO of FLICQ said: “With sensors being […] Read More
Author: Lydia Ragoonanan, director, LORCA We recently welcomed 11 companies to our second cohort, which is focusing on two very specific challenges: securing supply chains and user-centric security. And the road we took to deciding on those challenges is a fascinating example of how industry can meaningfully engage with the tech community. With the right conditions, major corporations and tech influencers that might ordinarily be in competition with each other are uniting around challenges that affect them all. And in the end, it’s their users – the general public – who stand to benefit most. Our approach is to […] Read More
