Adarma Receives Two-Million-Pound Grant to Drive Job Creation and Boost Research and Development Efforts
Edinburgh, UK (04.10.2022) – Adarma, the UK’s largest independent cyber threat management company, is delighted to be awarded a £2 million grant from Scotland’s national economic development agency, Scottish Enterprise.
The funding from Scottish Enterprise, part of a larger investment programme in R&D by Adarma, will be used to further invest in people – creating over 50 cybersecurity roles and supporting the company’s innovation roadmap which is set to expand its suite of cybersecurity services and Intellectual Property (IP). In particular, the investment will accelerate the development of Adarma’s security operations and threat management platform. Through technology integrations and advanced automation and orchestration, Adarma’s platform seeks to enable security teams to increase the speed and accuracy of their detection and response to advanced threats, at scale.
Bringing together an integrated suite of services covering Threat Intelligence, Attack Surface Management, Detection & Response and Incident Response, Adarma’s security operations and threat management platform aims to help organisations reduce their attack surface and take a threat centric approach to risk management to improve their overall cybersecurity posture. Organisations can engage and interact through a portal which provides a single interface for threat management, bringing complimentary capabilities into one place and allowing security teams to plan, operate, monitor and improve their defensive posture.
Adarma intends to create an inclusive career entry point for young people from diverse academic backgrounds into the Cybersecurity sector. By accelerating the competency of entry-level security analysts and security operations teams, Adarma aim to recruit form a wider pool of talent. This investment will be integral in generating over 50 new jobs open to a diverse range of applicants: a crucial step in providing continued protection to some of the most well-known and highly targeted organisations in the UK.
Scottish Government Business Minister Ivan McKee said, “I congratulate Adarma on winning substantial Scottish Enterprise funding, funding which will help create more than 50 highly skilled roles and could make us all safer from cyber threats. The Scottish Government supports these plans to increase diversity through recruitment of entry level staff from a wider pool of talent, which will help support our objectives to transform the economy. Adarma is an Edinburgh-based company which is helping deliver solutions to one of the greatest challenges facing business today and I congratulate them on driving innovation in Scotland and beyond.”
The grant will also enable the company to expand its range of cybersecurity offerings aimed at helping organisations bolster their cyber resilience. Among these are Attack Surface Reduction, a capability to help customers better understand exploitable vulnerabilities, misconfigurations, and user behaviour across their environment and establish protective controls to reduce risk. Furthermore, Adarma has developed a turnkey Managed Detection & Response solution, powered by Microsoft, which provides customers with an additional layer of monitoring to detect when defenses are breached and respond at pace. This offering is available on the Microsoft Azure Marketplace now.
“We are delighted that Scottish Enterprise has entrusted us with such a substantial grant as it will no doubt accelerate our mission to protect the promise of cyber resilience for our customers. We are especially excited to introduce the Adarma platform,” said John Maynard, CEO at Adarma. “The evolution of our platform will provide security operations teams with a single view of security performance across the organisation and allow security leaders to consolidate their technology stack and optimise performance, a critical requirement in the current financial climate.”
“With the scale and complexity of cybercrime on the rise, it’s essential that companies involved in the prevention and detection of cyber threats continue to innovate”, said Jane Martin, Managing Director of Innovation & Investment at Scottish Enterprise.
“Adarma has impressed us with its desire to invest in and grow its business, with this latest round of support helping develop and expand its portfolio of products, create jobs and keep it and its customers several steps ahead of cybercriminals.”
Adarma is the UK’s largest independent cyber threat management company. We deliver trusted and transparent security solutions that protect organisations against an increasingly complex and harmful threat landscape. Founded and led by industry experts, we provide cybersecurity consulting, technology and managed security services tailored to your unique requirements. Day or night we stand by your side, helping detect and respond to threats, protecting the promise of cyber resilience and helping you to build a more sustainable digital future.
Together we’ve got this.
About Scottish Enterprise
Scottish Enterprise is Scotland’s national economic development agency. We’re committed to growing the Scottish economy for the benefit of all, helping create more quality jobs and a brighter future for every region.
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