Queen’s University Belfast (QUB) spin-out Titan IC Systems has picked up £850,000 ($1.3m) to develop its cybersecurity platform.
The round was backed by investors Techstart NI, Co-Fund NI, and QUB’s technology transfer office Qubis which increased its stake in Titan.
Titan, based in Belfast, has recently opened a San Francisco office to bring its platform, Hyperion, to Silicon Valley. The platform is aimed at identifying and managing cybersecurity threats in high volume, high speed digital data.
Godfrey Gaston, CEO of Titan IC, said: “This investment allows the company to grow our business and product development, with a particular focus on international markets and represents an exciting time in the company’s growth especially in the US, a target market for us and one we are addressing through our new base in California.”
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