ANS Group founder Scott Fletcher has backed the growth opportunities in cybersecurity by taking a 50 per cent stake in Warrington-based Cyber X.
Fletcher (pictured), founder of £63m cloud services provider ANS Group, has bought the equity previously held by Energize Capital to provide funding support for Cyber X, which was founded in 2016 by Ben Swindlehurst.
Cyber X gives customers an automated assessment of their security options.
"The decision to get involved with Ben and the team was an easy one for me," said Fletcher. "Cybersecurity is a growing sector and is not going to go away.
"The platform which has been designed and created by Cyber X is perfectly placed to support the SME market and offers businesses easy-to-understand solutions in an otherwise confusing marketplace."
Swindlehurst said the firm recognises that cybercrime is a worldwide epidemic and is largely indiscriminate - if there is a weakness in a system, it can be exploited.
"We are thrilled to welcome Scott on board and look forward to working closely with him," Swindlehurst added.
"We are confident that with his experience we can enjoy continued growth as we endeavour to take Cyber X to the next level."
Following the publication of CRN's Next 100 resellers, in association with Agilitas, we talk to some of the report's key protagonists about specialism
Badge will cover basic coding skills and app development, among other things
HPE CEO talks up RedPixie acquisition and indicates DRAM crisis is over on Q2 results call
Reseller expecting to beat expectations this financial year