Bayes Entrepreneurship Fund announces investment in Torsion Information Security

Investors in this round: Bayes Entrepreneurship Fund

The Bayes Entrepreneurship Fund is pleased to announce an investment in cybersecurity and data governance software provider Torsion Information Security, investing alongside Juno Capital Partners and Finance South East.  The round was supported by follow on capital from existing investors and new angel investors.

Torsion is a SaaS cybersecurity solution that solves the problem of sprawling access to a company’s files and folders.  Its initial focus is on Microsoft products and it integrates with enterprise collaboration systems such as SharePoint, Teams and Office 365 to monitor and control access. Constant sharing with little visibility or control of who has access to what, leads to significant security and compliance challenges. Torsion gives control back to the business user of who has access to what, why and when. The solution is cloud-first, straightforward to deploy and affordable for businesses of all sizes.

The company is staged for growth and has an expanding customer base, sold through an extensive reseller network. Customers include Landsec, CCI France, True Alliance and Cambridge University Press.

Peter, Founder and CEO, Torsion Information Security comment:

“We started Torsion with a mission to take a new and radically different approach to the pervasive challenges of data access governance in the modern cloud-first landscape. What eventuated was a solution that is infinitely more effective, precise and scalable than anything that the market has seen before.

This new investment led by BEF, Juno and FSE is set to give us the fuel to accelerate our business to the next level. We’re extremely proud of the endorsement and thankful for the support that this investment represents, and we’re looking forward to working with our new partners as we continue to delight our customers around the world”.

Linda Coyle, Investment Manager at the Bayes Entrepreneurship Fund comment:

“In 2020/21, cybersecurity came to the fore due to the growth in remote working and the accelerated cloud adoption of companies worldwide cause by the pandemic.  As a result staff are sharing data at a prolific rate, both inside and outside their organisations.  Inappropriate access has been the root cause of many serious cyber breaches, and businesses need to invest in solutions to protect themselves.  Whereas early cybersecurity solutions focussed on network infrastructure, the focus is shifting to data governance and monitoring the activity of users.  Torsion are well placed to take advantage of this shift and their solution offers a straightforward and easy mechanism for users to ensure that rights granted are in line with the security policy of the company.  It is their focus on the user and their emphasis on end user simplicity which makes Torsion stand out. The Bayes Entrepreneurship Fund are excited to invest in Torsion and look forward to following their success and continued growth”.