What are Morphick Cyber Security going to do with $10 million

Some might say that Minick is an idealist when he comments “Every enterprise can move beyond the perfunctory defenses of firewalls and IDS’s and begin to create defenses that allow them to morph as quickly as the attackers.”. However $10 million will enable a lot of evangelism and the ability to fund sales, marketing and operations functions to deliver against that ideal. It will be interesting to see how far and wide Morphick wants to spread the word. Expansion is expensive and going overseas is risky. He might take a leaf however from Dragonfly  who partnered up with NSHC. Creating such partnerships and gaining access especially in other regions might be one way of making the $10 million go a little further.

Minick is enthusiastic in his approach and while his new shareholders will probably be looking at the bottom line it is clear that he believes in his mission in saying: “It’s a great feeling to go through our onboarding process with clients and have them tell us that they already feel safer just because of how we handle threats and the issues we address… and this is before we even turned on any of our technology.”

Morphick has a solid base from which to grow and it will be interesting to see how far and fast they go over the next few months.

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