finnCap Cavendish, part of finnCap Group plc, is proud to announce that it has helped advise on a successful first major fundraise for CYJAX, an award-winning, London-based SaaS provider of threat intelligence solutions for enterprise and public sector organisations.
The funding will be strategically allocated to fuel key initiatives across R&D (primarily to accelerate its AI product development roadmap) and to strengthen its workforce across its engineering, sales, and marketing functions.
Since its inception, CYJAX has achieved notable milestones, winning both industry and peer awards, including becoming the first small business in history 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.
Advisers to CYJAX from finnCap Cavendish were Anthony Platt (Partner and Co-head of Technology) and Soben Durai (Senior Associate).
Anthony Platt, Partner and Co-head of Technology at finnCap Cavendish, commented:
“We are delighted to have worked with Kevin and the CYJAX team in their fundraising. CYJAX’s expertise in cybersecurity threat intelligence and impressive client base will be further strengthened with the investment. The funds will be used to expand their team and develop AI capabilities, setting the stage for continued growth.”
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