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Birmingham Post
Birmingham Post
Technology
Lauren Phillips

Cybersecurity firm Enclave Networks closes £740,000 funding round to support scale-up plans

Cybersecurity software firm Enclave Networks has closed a £740,000 funding round led by existing investor, Next Big Thing and US-based cyber investor, Gula Tech Adventures (GTA).

The investment will support the Newport-based firm as it looks to expand into new markets, including the USA, and develop its international client base.

The deal will also allow the business to add to its team and invest in new roles to support its go to market strategy.

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