Home / Explore our latest insights / Quorum Cyber embarks on the next chapter of growth

Published: 5th January 2022 | In: News

Quorum Cyber receives investment from a global private equity firm, Livingbridge, to help achieve its vision to become Microsoft’s leading specialist security partner in Europe.

It has been a fantastic 12 months for Quorum Cyber. The company has developed and matured significantly and is ready for the next phase of growth. The investment from Livingbridge will allow us to accelerate our strategy and become a significant player in the Cyber Security marketplace.

– Iain McCready, Chairman

Founded in Edinburgh in 2016, led by founder and CEO Federico Charosky Quorum Cyber is a dedicated Microsoft partner, delivering a unique customer proposition as a single vendor with an end-to-end ecosystem of cybersecurity solutions that reward customers as their security maturity improves.

As a Microsoft Gold Partner and member of the Microsoft Intelligent Security Association (MISA) – a community of industry-leading cyber professionals with a shared goal of improving customer security – the company’s mission is – to defend teams and organisations worldwide, across all sectors, against the rising threat of cyber-attacks, enabling them to thrive in an increasingly hostile cyber security environment.

As cyber-attacks grow more sophisticated, Quorum Cyber strives to innovate to stay ahead of the rapidly evolving threat landscape, delivering a collection of managed security outcomes powered by Microsoft technologies – a recognised leader in most product categories.

Following the first round of investment by Maven Capital Partners, supported from Scottish Investment Bank, Quorum Cyber accelerated its growth and positioning in the cyber security market that saw its Managed Services revenue treble over the 12 months to May 2021. In addition, industry recognition was achieved from Gartner® as a Representative Vendor in Managed Detection and Response Services and Cool Vendor report for 2021.

Working with customers primarily across the UK and North America, Quorum Cyber continually develops its service portfolio in line with cyber risks facing organisations and the increasing pressures in security and compliance requirements. With customers adopting technology faster than ever and the take-up of OT/IoT forecast to continue its upward trend, the attack surface continues to widen. This new investment will help Quorum Cyber target its efforts and focus its vision to become one of the top 10 Microsoft security partners worldwide.

Microsoft provides us with the technologies to do our best work. Our focus is to abstract customers from complexity, delivering tangible outcomes, while unleashing the power of the Microsoft ecosystem.

Our solutions are evolving constantly, enabling us to build risk-mitigation journeys for customers.

This investment from Livingbridge enables us to accelerate that evolution, enabling to stay ahead of the needs of our customers, while scaling our Microsoft Security capabilities, with a strong focus on IoT, OT, multi-cloud, compliance, and insider risk.

 – Federico Charosky, CEO & Founder

Committed to developing the next generation of security professionals, Quorum Cyber drives a strong company culture that has attracted talent – doubling their headcount last year. Entering this next year and chapter of growth, people will remain front and centre of the business.

About Quorum Cyber

At Quorum Cyber we help good people win.

Founded in Edinburgh in 2016, our expert team of security analysts, incident responders, forensic specialists, and threat hunters leverage the best Microsoft security technologies to defend organisations worldwide against cyber security breaches and attacks.

As a Microsoft-only house, we provide a unified security ecosystem, offering a collection of simple, innovative Professional and Managed Security Services, delivered through our own platform Clarity.

Our key Managed Security Services include:

  • Microsoft Sentinel SOC & MDR: Detect, respond, and contain security incidents 24×7
  • Microsoft Defender Managed Service: defend your environment including endpoints, servers, identities, multi-cloud, IoT, OT, and more.
  • Microsoft Compliance & Insider Risk Management: protecting your data against advanced threat actors

Our Professional Security Services provide a wide range of advisory, engineering, and CREST certified penetration testing and incident response security solutions, with the aim to help you manage your exposure to cyber risk over time, increase resilience to business disruption, and achieve measurable return on investment.

Quorum Cyber is an award-winning cyber security firm, providing professional and managed security services, as well as cyber security technology development in partnership with Microsoft.

 

Gartner, Market Guide for Managed Detection and Response Services, Pete Shoard, Craig Lawson, Mitchell Schneider, John Collins, Mark Wah, Andrew Davies, 25 October 2021.

Gartner, Cool Vendors in Security Operations, Toby Bussa, Mitchell Schneider, Kelly Kavanagh, John Collins, Craig Lawson, Pete Shoard, 18 June 2021

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.