Adarma secures £2m grant to create jobs and bolster cybersecurity offerings

The funding was awarded from the Scottish Enterprise

Edinburgh-based Adarma has been awarded a £2m grant that will be used to drive job creation and boost its development efforts.

The funding from the Scottish Enterprise will see the cybersecurity company create 50 roles and support its roadmap in expanding its services and IP.

The money will also be used to accelerate development of Adarma's security operation and threat management platform.

"We are delighted that Scottish Enterprise has entrusted us with such a substantial grant as it will no doubt accelerate our mission to protect the promise of cyber resilience for our customers. We are especially excited to introduce the Adarma platform," said John Maynard, CEO at Adarma.

"The evolution of our platform will provide security operations teams with a single view of security performance across the organisation and allow security leaders to consolidate their technology stack and optimise performance, a critical requirement in the current financial climate."

As part of its plans, Adarma intends to create an inclusive career entry point for young people from diverse academic backgrounds into the Cybersecurity sector.

The grant will also enable the company to expand its range of cybersecurity offerings aimed at helping organisations bolster their cyber resilience.

Scottish Government Business Minister Ivan McKee said: "I congratulate Adarma on winning substantial Scottish Enterprise funding, funding which will help create more than 50 highly skilled roles and could make us all safer from cyber threats.

"The Scottish Government supports these plans to increase diversity through recruitment of entry level staff from a wider pool of talent, which will help support our objectives to transform the economy. Adarma is an Edinburgh-based company which is helping deliver solutions to one of the greatest challenges facing business today and I congratulate them on driving innovation in Scotland and beyond."