Proficio starts Euro expansion

proficio-officeManaged security services outfit Proficio wants to grow its presence in the UK and is using venture capital cash to do it.

The firm is looking for potential sites for a European Security Operations Centre (SOC) to run alongside its US and Singapore operations.

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.

It brought in some private equity funds from Kayne Anderson Capital Advisor with an ambition to use some of that finance to make the move into Europe.

Tim McElwee, co-founder, president and chairman of the board at Proficio said that it was time to grow to the next level.

“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.”

Gartner Group is predicting that by 2020 15 percent  of mid and enterprise customers will be using managed detection and response, which is up from the current level of one percent.