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Bolton-based cybersecurity firm secures £2million to create new jobs

A CYBERSECURITY software startup founded in Horwich will be creating over 20 new roles after receiving a £2m funding boost. Technology firm PPC Protect aims to become Bolton s second ‘Tech Unicorn’ – a technology startup business valued at over $1bn - following in the footsteps of electricals retailer AO.com. The business has received £2million in seed funding from investor Fuel Ventures, which it plans to use to provide over 20 roles and expand their operations globally. PPC Protect, founded in 2016, already provide services for household names including Nike and McDonald’s. The firm provides protection again online advertising fraud, so called ‘click fraud’, whereby cybercriminals use fake clicks to ensure online advertisements cannot generate income for the business.

Martech company Quantum Metric raises $200 million

Quantum Metric This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Quantum Metric has raised a $200 million Series B round at a valuation north of $1 billion, the company said. The software platform helps companies blend analytics and other data from across their organizations to improve their digital products and services. Founder and CEO Mario Ciabarra said the company s revenue almost doubled last year as clients scrambled to enhance their ecommerce and digital customer service offerings.  Quantum Metric, a technology platform that helps companies design and manage their digital products, has raised a $200 million funding round at a valuation north of $1 billion, the company said on Thursday.

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