Digital Innovation Fund makes strategic investment in Scybers
View(s):Scybers Inc., the fast-growing global cybersecurity firm, has announced that the Digital Innovation Fund (DIF), managed by BOV Capital and powered by Dialog Axiata PLC, has made a strategic investment in the company.
In a challenging landscape, Scybers enables enterprises to rapidly reduce cyber risks, achieve compliance and build resilience leveraging a proven global delivery model, deeply specialised front-line cybersecurity expertise, and a set of advanced AI-assisted security platforms, Dialog said in a media release.
Madu Ratnayake, President of Scybers, stated, “DIF’s reach and strategic relationships will be a tremendous strength as we execute our global growth plan. Dialog Axiata’s extensive experience in delivering digital and communication services in the fast-emerging ASEAN and South Asian region and our partnership to provide world-class cybersecurity services to the Axiata network as a sell-through partner will be invaluable as we scale Scybers’ services globally.”
Kugan Kulothungan, Chief Executive Officer of Scybers, said: “With this strategic investment, we are thrilled to welcome Supun Weerasinghe to the Scybers Board. Supun’s exemplary leadership and wealth of experience as the Group Chief Executive of Dialog Axiata PLC will be an invaluable guide to shape the next phase of growth at Scybers,”
Since its inception in 2021, Scybers has rapidly expanded to provide advisory and managed security services to global clients. Scybers serve clients spanning multiple industries in the US, Australia, Singapore, South Africa, Indonesia, Saudi Arabia, India and Sri Lanka.
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