Sergey Nivens - Fotolia

Proficio on the hunt for security specialists

Managed security services specialist Proficio is using its recently gained venture capital funds to make good on an ambition to grow its presence in the UK

 Managed detection and response player Proficio is planning to expand its channel footprint in the UK as it cranks up its investment in Europe.

The firm is currently reviewing potential sites for a European Security Operations Centre (SOC) which will complement existing support operations in the US and Singapore.

The Proficio managed services technology works by using analytics and threat intelligence to spot threats and prevent them from developing into a serious data breach.

Last November the firm brought in some private equity funds with an ambition to use some of that finance to make the move into Europe.

"It is time to grow to the next level and we took some capital from Kayne Anderson Capital Advisors in to help extend the footprint in Europe. It is even more about a strategy of following the sun and serving our existing US and Asian customers," said Tim McElwee, co-founder, president and chairman of the board at Proficio.

"We will build our sales and marketing and then will build up our channel relationships. There are channel players in the UK who have the skills and we have been encouraged by the levels of interest," he added "We will be putting together a very developed and thoughtful channel programme that will be attractive for a reseller."

The firm is pitching up in the UK at a time when its technology is meeting a need with Gartner predicting that by 2020 15% of mid and enterprise customers will be using managed detection and response, which is up from the current level of 1%.

“We are impressed by Proficio’s growth, customer adoption, and innovative managed detection and response services,” said Nate Locke, a partner in the growth private equity group at Kayne Anderson Capital Advisors, who joined Proficio’s board of directors as part of this financing.

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