Cybersecurity is growing at a rate of 12% in Spain

The ciberemprende 2016 programme closed this week with the Venture Day, which was attended by a hundred investors, entrepreneurs and cybersecurity professionals. The winners of the programme were Techvolucion and Keynetic. But not only the acceleration programmes have been successful, this year we have detected large rounds in Spanish cybersecurity companies and acquisitions by international companies.

Winners of the 2016 Ciberemprende Entrepreneurship acceleration programme.

The winning projects of ciberemprende 2016, which have presented their projects to the investors, have been Techvolution and Keynetic.

Techvolucion is a solution, which enables the identification of fraud patterns with artificial intelligence for the early prevention of fraud in payment transactions and the detection of fraud in insurance claims.

Keynetic, a network security solution that allows to control access to services based on user/device identity.

Operations carried out in Spain in 2016

 In October, Spanish company 4IQ received a $14M round. The company offers state security departments the ability to fuse data and documents from the internet, social media and the hidden web, as well as the ability to investigate subjects and targets, analyse relationships, collaborate on cases and produce intelligence that helps protect people, physical and digital assets, intellectual property and reputation.

The round has been led by international investment and will serve to accelerate 4iQ's product development and global expansion.

In addition to 4IQ other Spanish cybersecurity companies in very different niches of activity, have received the support of investors, Buguroo that has received €3M for example, which has two lines of business is dedicated to cyber intelligence applied to vulnerabilities and cyber intelligence applied to threats.

In addition to the rounds, we have also detected that foreign investors have been interested in the technology of Spanish companies and have decided to buy them, one example is Agnito, which was bought by Nuance. Agnito develops voice biometrics solutions focused on forensic applications implemented in real police laboratories.

Secure communications sector study

From our business unit Logic-fin heWe have done a global study on investment in the secure communications sector that we would like to share with you. What are you investing in, what new companies are coming to market, what are you investing in, what are you investing in, what are you investing in, what are you investing in, and what are you investing in? acquisitions are being carried out in the sector? Fill in the contact form to get it.