NEWS
Wire reports 85 % YoY growth for its platform for private and public organisations
Wire, a secure communication platform in Europe, has announced an 85 % year-on-year( YoY) increase in revenue and 60 % year-to-date( YTD) growth through May. This marks a breakthrough year for the company, as it expands its platform capabilities, grows its customer base and accelerates adoption across both the public and private sectors.
Today, there are more than 1,800 organisations and 20 million users on Wire, which reflects the major shifts in the enterprise and public sector landscape, from the rising demand for digital sovereignty and trusted collaboration, to the urgent need for secure, sovereign communication platforms that respect privacy and enable data control. As the first organisation to deliver secure collaboration at scale using MLS( Message Layer Security), Wire continues to set the benchmark and foundations for secure communication, meeting real-world needs of governments, enterprises and global service providers.
“ Security, transparency and control of data are no longer fringe priorities. They are fundamental business drivers and unique differentiators for organisations of all shapes and sizes,” said Benjamin Schilz, CEO of Wire.“ This growth speaks to Wire’ s position at the intersection of trust, innovation and sovereignty. With our MLSbased foundation, open-source approach and scalable architecture, we are defining the next generation of secure communication and collaboration for Europe and beyond.”
Wire’ s strategic acquisition of Pydio in late 2024, a leading secure enterprise content management platform, has extended Wire’ s capabilities and positions it as a comprehensive solution for end-toend, enterprise-grade collaboration. The acquisition deepens Wire’ s ability to serve regulated industries, enabling customers to deploy a fully sovereign stack for content management, sharing collaboration and automation.
Just 6 % of software security firms are providing cybersecurity for AI systems
offered by these cybersecurity AI providers are AI Model Security and Protection( 56 %), LLM and Generative AI Security( 52 %), AI Infrastructure Security( 47 %), AI-Enhanced Security Operations( 45 %) and AI Threat Detection and Response( 34 %).
Among software security providers, the most popular products and services offered are Security Integration( 62 %), followed by Cloud Security( 38 %), Security Testing Tools( 22 %), AI / ML Testing( 21 %) and Threat Intelligence( 18 %).
According to the report, 50 % of AI cybersecurity firms have raised external investments of up to £ 82 million, with £ 68 million raised since Q1 2022.
Cybersecurity experts at OnSecurity have analysed the most recent research results from the AI and Software cybersecurity market analysis report from the UK Government’ s website.
Findings indicate that 6 % of software security companies are providing cybersecurity for AI systems. The most popular products and services
Software security providers have raised upwards of £ 828 million across 42 deals. These figures reflect both expectations and future demand for these solutions, as well as an indication of how companies are able to secure external finance for product development and growth. These figures are reflective of the last five years.
For specialist software security providers, 64 firms mentioned at least one customer or partnership within web data. Providers typically work across a range of sectors; however, the findings showed that 66 % of providers mentioned at least one customer within the broader tech sector, followed by financial services( 31 %), healthcare( 25 %) and government( 23 %).
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