Cyacomb is delighted to announce it has raised £6.5m in investment.  Following an earlier initial close, we are now able to announce further funding of £3.8m bringing the total to over £6.5m. 

Scottish National Investment Bank has led this latest investment, with backing also coming from existing investor Par Equity, Mercia Ventures, Scottish Enterprise and private investors.

Cyacomb will use this investment to scale up its operations, expand into new markets, and continue the push for an online world where no harmful digital content can be hidden or shared. 

Ian Stevenson, CEO, said: “Our forensics products help law enforcement find evidence fast, speeding investigations and supporting prompt safeguarding actions for children and the wider community. 

“We are now turning our attention up-stream too, tackling one of society’s most pressing issues – the rising levels of child sexual abuse material being shared in our increasingly encrypted online world. 

“Cyacomb Safety detects and blocks child sexual abuse material within the end-to-end encrypted environment whilst protecting user privacy and security. 

“This funding comes at a exciting time for us as we expand our market reach and appoint a new non-executive director, Richie McBride. Richie, founder of Edesix Ltd, brings a wealth of experience in scaling software businesses, particularly servicing law enforcement and government clients.  

“This investment will ensure we are able to grow as a business, introduce our software to more organisations and ultimately protect children and improve online safety.”    

Cyacomb’s forensic tools provide a rapid triage service for law enforcement agencies that allow them to make critical decisions quicker than ever before. Illegal images and videos can be detected in seconds, rather than hours, including material that has been deleted.  

Dallas Police Department is one law enforcement agency using Cycacomb’s platform to detect illegal material shown in a recent case. A case study video can be found via this link.

Detective Mike Fontenot, Dallas Police Department, said: “Cyacomb’s products offer true potential to hasten investigation and assist police departments across the world in protecting children, holding predators accountable for their crimes. 

“The idea of triage is the rapid examination of devices to determine if illegal content is present. 

“Cyacomb has managed to create software, that would have previously taken hours to complete, and condensed it to less than a minute. This was a real-world application of seized devices from an actual search warrant.” 

Dan Sexton, Chief Technology Officer at the Internet Watch Foundation, added: “Innovation is vital in the fight against online child sexual abuse, and we have been pleased to work with Cyacomb on this cutting edge technology. As a part of our long-lasting collaboration, we’re now pleased to be running a pilot project to demonstrate how IWF data can work with secure-by-design Cyacomb technology to combat the spreading of child abuse material to keep children from harm.”  

Jane Reoch, Executive Director, at the Bank said: “Cyacomb is at the forefront of tech development in Scotland. They perfectly align with our mission to harness innovation.  Their software is delivering real, tangible benefits to society both in detecting harmful content, but also reducing trauma as officers no longer have to trawl through hours of offensive images – it’s all done quickly and efficiently with their software. 

“It's inspiring to support companies like Cyacomb in being able to grow and develop their product to take it further in to new, global markets.” 

David Baker of Mercia Ventures said: “Cyacomb has developed a powerful technology that has the potential to help social media platforms meet their obligations under the new legislation while safeguarding users’ privacy. Mercia has backed the company since its inception and we are pleased to support this further funding round to help it bring its digital tools to a wider audience.” 

Cyacomb  

Cyacomb was founded in 2016 by entrepreneur Ian Stevenson and former police forensics analyst Bruce Ramsay. The company was established out of a research project at Edinburgh Napier University with an aim to create new technology to make the online world a safer place. 

Today, along with a growing team of technical and other experts, Cyacomb continues to develop groundbreaking technology that pinpoints harmful content at its source. This helps law enforcement, social media and messaging companies quickly and thoroughly find, block and remove illegal images and videos.