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Crossword Cybersecurity raise £1.6m to accelerate growth of Rizikon Pro platform

Crossword Cybersecurity raise £1.6m to accelerate growth of Rizikon Pro platform

Crossword Cybersecurity's (LON:CCS) Sean Arrowsmith talks to Proactive London about the firms' 'solid start to 2020' and the continued growth achieved despite the unprecedented challenges. Arrowsmith explains the rationale behind the firm raising £1.6mln through an oversubscribed placing and subscription.

He explains that the funds will be used to drive growth in its Rizikon Pro third-party risk management platform, adding that it also intends to use the proceeds to increase sales and marketing resources for product development and support.