Hackuity drives global expansion with UK launch

Hackuity, the risk-based vulnerability management company, today announced a further milestone in its continued growth with the opening of a UK office and plans for new hires to expand its global presence.

In March of this year, Hackuity secured €12 million in funding to support its go-to market strategy and investment in new regions. Headquartered in France, Hackuity has offices in Singapore and the Netherlands. Founded by Orange Cyberdefense veterans and lifelong friends Patrick Ragaru and Pierre Polette, Hackuity enables cybersecurity teams to gather, prioritise, and remediate security weaknesses before they can be exploited.

Hackuity’s intelligent Risk-Based Vulnerability Management offers organisations a quantified, measurable ‘True Risk Score’ to Cyber Asset Management. The platform helps organisations map their cyber asset inventory regardless of their nature or location, providing customers with powerful capabilities to reduce their threat exposure.  

The launch comes at a time of continued expansion in the sector: the UK cybersecurity market has seen large growth since February 2021 with 6,000 new jobs, and reached a revenue of £10 billion for the first time this year.

“The UK is key to our ambitious growth plans, and our launch here is a key strategic move towards further global expansion,” said Matthew Fox, VP EMEA & Americas. “This investment underpins our dedication to growth and building out our UK customer base, in addition to creating strong relationships with channel partners.”

The plans to solidify Hackuity’s position in the UK include:
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> Expanding its current client base: With expansion into the UK, Hackuity aims to extend its platform to blue chip and large enterprise clients with a target of tripling its customer base in 2023. The company believes the extension of its global network to the UK is key to fighting the critical national infrastructure cybersecurity crisis targeting healthcare, government, and finance specifically.
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> Building its UK headcount: Having recently appointed Matthew Fox, VP EMEA & Americas, and David Henderson, Regional Sales Director, Hackuity is committed to continually expanding its team. The company views recruitment as the key to its growth objectives and plans to fill a number of key positions in the next three months.

> Channel recruitment: Hackuity will operate a channel-first sales model, supported by a team of industry experts, and is focused on recruiting channel partners to create new sales opportunities in the UK.  

There are significant opportunities for MSPs, in particular, to strengthen their offering with Hackuity’s platform by capitalising on the growing demand from organisations for outsourced, ‘remote’ vulnerability operation centres.

“Hackuity’s entry into the UK offers significant opportunities to diversify our customer base,” said Sylvain Cortes, VP Strategy, Hackuity. “This is an important move towards global expansion, with the UK being a key step in our business plans for EMEA. We have witnessed a growing need for vulnerability management in the region, as the number of cybersecurity threats continues to grow significantly. With the UK being a leader in establishing cyber policy best practices, and one of the world’s leading technological hubs, the UK is the perfect place to demonstrate our value – bringing calm to the storm.”