Firm that helps Pets at Home, William Hill and All Saints avoid bot attacks spun off after £9m funding boost

F

A Manchester cybersecurity company that helps the likes of Pets at Home, William Hill and All Saints avoid bot attacks has been spun off to become a standalone business.

Netacea had been part of Intechnica, which is also based in the city, and recently raised £9m to help it expand its presence in the UK and US.

The company was started in 2018, detects bot attacks that target mobile, web and API applications and employs 100 people.

Intechnica is backed by Mercia Asset Management, was founded by Jeremy Gidlow and Andy Still in 2006 and employs more than 70 people.

Netacea chief executive Jeremy Gidlow said: “Thanks to the support of our investors, Netacea looks forward to another year of explosive growth and innovation.

“It’s an exciting time for Netacea as we continue our growth into the US market, coupled with adding more experience to our senior leadership team.”

Julian Viggars, CIO of Mercia, added: “Netacea was recently named by Forrester as a ‘Strong Performer’ in its 2022 Bot Management wave.

“It has seen explosive growth thanks to the strength of its team, business model and the rapidly growing demand for cybersecurity solutions.

“By separating Netacea from Intechnica to a standalone company, it will benefit from a more specialised focus that will help it further capitalise on significant growth opportunities. In Netacea and Intechnica we have two exciting businesses and we look forward to continuing to support them both through their next stages of growth.”

About the author

Marta Lopez

I am a content writer and I write articles on sports, news, business etc.

By Marta Lopez

Categories

Get in touch

Content and images available on this website is supplied by contributors. As such we do not hold or accept liability for the content, views or references used. For any complaints please contact adelinedarrow@gmail.com. Use of this website signifies your agreement to our terms of use. We do our best to ensure that all information on the Website is accurate. If you find any inaccurate information on the Website please us know by sending an email to adelinedarrow@gmail.com and we will correct it, where we agree, as soon as practicable. We do not accept liability for any user-generated or user submitted content – if there are any copyright violations please notify us at adelinedarrow@gmail.com – any media used will be removed providing proof of content ownership can be provided. For any DMCA requests under the digital millennium copyright act
Please contact: adelinedarrow@gmail.com with the subject DMCA Request.