Deep Secure
Location - Reading
Sector - Defence software and hardware
Type - MBI
"During my last two ventures I developed a strong relationship with YFM. Both parties have a mutual understanding of how and where we see the business propositions going, even when times get incredibly tough YFM can still be relied upon and I hope to work with them again in the future." Richard Beaton, Chairman
Deep-Secure's market leading products protect against threats to security via high defence network border gateway technology, which enables customers to maintain network separation and apply content inspection so as to defend sensitive and protected information from intruders.
Chandos Fund, British Smaller Companies VCT and British Smaller Technology Companies VCT2 completed the £3.5 million MBI of Deep-Secure Limited. This is the third investment YFM has completed involving serial entrepreneur Richard Beaton (Chairman) following the success of North West based businesses Intuita and Tekton Group. The all equity deal will enable Deep Secure's further technological development of their cutting edge products.
Nigel Barraclough, Investment Director YFM "We are delighted to be working with Richard again. His expertise, acumen and attitude provide the grounds for a great working relationship whenever we work together. Deep-Secure is going to be an interesting and exciting company to work with, the future developments will see ground-breaking technology reach highly sensitive markets, changing the way companies defend their intelligence."