Xentra Secures £2.7m Investment to Expand Cybersecurity Services

Xentra, a Yorkshire-based cybersecurity firm, has secured a £2.7 million investment aimed at accelerating its growth and creating new jobs. Founded in 2021, Xentra provides IT solutions focused on cybersecurity, compliance, and safeguarding for SMEs and educational institutions. The company currently serves over 90 clients, including notable organizations like Leeds United Football Club and Leeds Bradford Airport. The funding round was led by Maven VCTs and NPIF II - Maven Equity Finance, which will enable Xentra to enhance its marketing, technology, and senior leadership. CEO Henry Doyle emphasized the importance of this investment for scaling operations and improving customer service. The firm has reportedly quadrupled its annual recurring revenue (ARR) in the past two years. This investment comes at a time of increasing demand for outsourced cybersecurity services due to rising cyber risks and regulatory requirements.

Key Points: • Xentra received a £2.7 million investment to enhance cybersecurity services. • The company serves over 90 clients, including major organizations in sports and education. • Investment will focus on marketing, technology, and leadership expansion.