In another significant win for Gloucestershire's thriving cyber industry, Portuguese cybersecurity and data protection service provider, B10Sec, is moving its global headquarters to Cheltenham.
Invest In Gloucestershire, the county's leading inward investment programme, revealed that B10Sec's founder and CEO, Flavio Shiga, plans to relocate the business from Portugal in late 2023.
The company specialises in data protection, delivering resources and services to more than 10 countries across the globe — its most notable being the development of the IO Leak Data Monitor, a software-as-a-service solution that proactively identifies crucial data leaks.
Big cyber players such as RipJar, Salus Cyber and of course GCHQ all have bases in Gloucestershire, making it an attractive hub for industry heavyweights — with Cheltenham holding the title of cyber capital of the UK.
Having formed a relationship over the last 10 months, Invest In Gloucestershire approached B10Sec through the Department of Business and Trade — a UK government body which also awarded the firm with a Global Enterprise Award in March 2023 — after the launch of the Cyber in Gloucestershire High Potential Opportunity initiative in September 2022.
Shiga and his business partner and wife, Jessica, were introduced to the region and the opportunities it could offer their established business, in order to achieve further growth in the field.
Head of inward investment at GFirst LEP, Phil Clement said: 'Working with the UK Government and welcoming a range of partners on board meant we could offer Flavio and Jessica a strong network to help B10Sec establish their global HQ.
Shiga added: 'We are delighted to be developing our global HQ in Cheltenham. Cybersecurity is more than protecting systems; it's about safeguarding lives, building trust and fostering innovation.
'From our new home in Cheltenham, Gloucestershire, we are keen to grow our new UK business and be an active member of the local cyber community, from whom we have received such a warm welcome.'
The company is now actively seeking funding in the region of £500k to £1 million after registering its intent to build its global HQ in Gloucestershire.
