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Cyber Security Company Appoints New Chair

Matt Little and Richard Brown, Melius Cyber

Newcastle-based Melius Cyber has appointed a new chair on the back of a six-figure investment.

Matt Little has joined the company, which is a spin-off from Melius Group and helps businesses detect vulnerabilities in their IT network.

Its CyberSafe Plus platform, which was developed specifically for SMEs, automates the process of vulnerability scanning and penetration testing in which cyber experts simulate attacks to detect weaknesses in the system.

The appointment follows a £350,000 investment from the North East Venture Fund supported by the European Regional Development Fund and managed by Mercia.

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Little was introduced to the company by Mercia and has held senior roles at a number of technology companies spanning gaming, cybersecurity, financial services and government and media.

As a founding team member of Edinburgh-based cybersecurity business ZoneFox, he helped to lead its sale to the US company Fortinet in 2018 and went on to hold a senior role within Fortinet.

More recently he was on the board of two Mercia-backed companies – GENBA, which was acquired by the digital gaming and monetisation platform Azerion, and Collabco, which was bought by Ready Education.

He said: “I am delighted to join Melius’s board to help it to achieve its mission to develop ground-breaking solutions that enable organisations to achieve cyber certifications and provide constant protection against advanced cyber threats.

“Mercia provides so much more than investment for growth – access to Mercia’s expertise and to their team is a real game-changer for Melius. I am excited to be a part of the company’s journey as it moves to the next stage in its success story.”

Ian Wilson, fund principal at Mercia, added: “Matt’s experience in the tech sector – which includes scaling and selling a cybersecurity business – means he is well suited for the role of chair at Melius. Having the right board members can make a big difference to a company’s prospects as they bring with them a wealth of knowledge and contacts.”

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