VENTURETECH FUELS MALAYSIA’S CYBERSECURITY LANDSCAPE WITH RM7 MILLION INVESTMENT IN NEXAGATE

CYBERJAYA, 21 December 2023 – VentureTECH Sdn. Bhd. (VentureTECH) announces a strategic investment of RM7 million in Nexagate Sdn. Bhd. (Nexagate), one of the leading cybersecurity service providers in Malaysia. This investment is geared towards supporting Nexagate's expansion phase, focusing on developing its flagship Nexa Security Intel (NSI) Platform and further enhancing its portfolio of innovative cybersecurity solutions.

Nexagate, renowned for its cutting-edge technologies and steadfast commitment to enhance digital security, has emerged as a key player in the cybersecurity industry. Offering a comprehensive suite of services, including risk compliance, security posture assessments, and Security Operation Centre (SOC) as-a-service, Nexagate helps businesses & government organisations to fortify their cybersecurity defences against cyber threats. The provision of such services not only safeguards entities from potential risks but also contributes to narrowing the digital divide. Recognising that small and medium-sized enterprises (SMEs) may face resource constraints in implementing robust cybersecurity measures, Nexagate's offerings facilitate the adoption of digital technologies, fostering economic growth and create new job opportunities.