Derry cyber firm MetaCompliance scoops exceptional performance accolade

Derry cyber security firm MetaCompliance has won the British Private Equity and Venture Capital Association’s (BVCA) Vision 2024 award

Derry-based MetaCompliance, a leading provider of cyber awareness training and compliance solutions, has won the British Private Equity and Venture Capital Association’s (BVCA) Vision 2024 award, which honours the management teams of companies backed by private equity and venture capital.

Judges praised MetaCompliance - founded in 2005 and with a staff of more than 120 - for its impressive growth, highlighting strategic acquisitions in Denmark and Germany and a client-led response approach that has significantly enhanced their product offerings.

The company also received high marks for its ESG initiatives and was commended for its commitment to becoming B Corp certified.

European Growth buyout investor Tenzing was recognised for its outstanding support to investee companies. It played a crucial role in MetaCompliance’s success by funding its expansion into Continental Europe.

Other companies recognised included IQ Capital-backed Neurovalens and Maven Capital-backed Sensoteq, both based in Belfast and named as ones to watch.

BVCA chief executive Michael Moore said: “MetaCompliance’s outstanding performance highlights the remarkable innovation and success within Northern Ireland’s business sector. It is essential to acknowledge the significant impact these thriving companies have on the UK economy.

“The support from our members underscores the crucial role private capital plays in fostering growth and development across our regions and nations.”

James McKay, chief executive at MetaCompliance, added: “Winning the BVCA’s Vision 2024 award for Northern Ireland is a tremendous honour and a is a testament to the hard work and dedication of our entire team.

“Our success in delivering personalised cyber-security awareness solutions has been a significant factor in our growth, helping organisations to better protect themselves against cyber threats.”