European Investment Bank backs Siren with €12m investment

Cybersecurity company, which spun out of the University of Galway, plans to increase headcount by 50% over the next two years.

Kris Peeters, European Investment Bank Vice President, and John Randles CEO of Siren

Galway-based cybersecurity company Siren has secured €12 million in funding from the European Investment Bank (EIB).

The financing brings to about €24 million the total secured by the company since it was established in 2016.

Founded by Giovanni Tummarello and Renaud Delbru as a spin-out from the University of Galway, Siren has developed an investigative intelligence platform that combines data from open source, vendor and classified sources, to help analysts and investigators analyse security risks, ...