Cybersecurity

Preventative cybersecurity company endpointX has announced a 245% increase in revenue to 拢3.3m.

The Cheshire-based business was founded in 2019 by former Bank of America and Barclays work colleagues Scott Lowe, Daniel Stead, Joe Michael and Tom Beasor.

Since then the company has gone on to build a portfolio of blue chip clients across Europe, with customers ranging in size from 500 to 20,000 employees.

The business saw revenues grow from 拢1.34m in 2021 to 拢3.3m in 2022.

The growth saw endpointX recognised as the 18th fastest growing tech company in the North at the 2023 Northern Tech Awards, held last week in Edinburgh.

Lowe said: 鈥淲e鈥檙e all absolutely delighted to be recognised for the hard work that has resulted in such great results last year.

鈥淲e鈥檝e always known that focusing on prevention to ensure that breaches don鈥檛 happen in a company is sometimes hard for boards to prioritise.

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鈥淭hey often only fund this type of investment after the worst has happened, but after winning several new deals this year, it鈥檚 clear that CISO鈥檚 and CIO鈥檚 like our approach to keeping companies safe.

鈥淲e have also seen a big increase in companies wanting us to provide patching and vulnerability management services. This has meant we are continuing to hire bright, outstanding engineers and consultants in the region.

鈥淲e continue to closely partner with Tanium to provide world class technology which we use to provide our services.

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鈥淲hile being a technology-centric company, we can easily serve our UK and European customers remotely, but at the same time, we are very proud to be predominantly based in the North.鈥

In total endpointX employ eight staff but have plans to expand.