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Apex Trader Funding - News

Charlesbank Makes Strategic Growth Investment in Quorum Cyber

EDINBURGH, Scotland, June 05, 2024 (GLOBE NEWSWIRE) -- Quorum Cyber (or the "Company"), a global cybersecurity firm, today announced that it has received a strategic growth investment from Charlesbank Capital Partners ("Charlesbank"), a private investment firm with offices in Boston and New York. The new funding from Charlesbank will help Quorum Cyber build on its success to date and accelerate its growth strategy, including through talent recruitment and expanding its services to its global customer base. Designated as a Microsoft Solutions Partner for Security, Quorum Cyber was founded in 2016 to defend as many organizations as possible against cyber threats, breaches and attacks. The Company's range of offerings includes a diverse suite of services focused on maintaining customers' cybersecurity postures, among them Sentinel MDR, Defender MXDR and Purview MDS, as well as a portfolio of highly complementary professional services such as Incident Response.   "I am thrilled that Charlesbank has made a substantial new investment to fuel our company's expansion journey," said Federico Charosky, CEO of Quorum Cyber. "This milestone is a clear validation of the exceptional services our team delivers daily for our customers. Our mission is to protect a greater number of organizations from the ever-evolving landscape of cybercrime, and to equip our defenders with the necessary tools to stay ahead. Livingbridge has been a terrific partner, and the added strength of Charlesbank's platform, resources and deep sector insights will position us well for our next chapter." Charlesbank's investment bolsters the financial support from the Company's existing partner, Livingbridge, a private equity firm headquartered in London. Livingbridge's ...