The round was led by Northern Gritstone, with participation from existing investors Auriga Cyber Ventures and NPIF II – PXN Equity Finance, managed by PXN Ventures as part of the Northern Powerhouse Investment Fund II. Cytix will use the $7 million to accelerate rollout of its change risk management platform and expand adoption among enterprise and regulated organisations.
Cytix addresses security challenges from AI-assisted coding and continuous delivery, which increase the volume and frequency of software changes. Its platform continuously monitors changes, analyses risks, determines security responses, and validates how risks were addressed, creating evidence for compliance. The company targets enterprise customers and regulated industries, offering direct access or through managed service partners NCC Group and KPMG.