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HUB Cyber Security Signs Investor-Led Private Placement Financing of up to $20 million to Scale-Up Enterprise Intelligence, Crypto Infrastructure, and U.S. Expansion
Globenewswireยท 2025-08-27 13:10
Core Viewpoint - HUB Cyber Security Ltd. has secured up to $20 million in financing through a subordinated convertible note private placement, demonstrating institutional confidence in its AI-native Secured Data Fabric (SDF) platform and positioning the company for transformative enterprise deals [1][3][4] Financing Details - The financing is structured as subordinated convertible notes with a 4.0% annual interest rate, maturing in August 2027, and is expected to yield approximately $20 million in gross proceeds before expenses [2][3] Strategic Implications - The capital raised will be utilized to reduce debt, accelerate U.S. operations, and enhance HUB's AI-powered enterprise intelligence and crypto infrastructure capabilities, enabling the company to scale operations and pursue significant enterprise deals [1][3][4] Product Offering - HUB's SDF platform serves as an institutional control layer for regulated data, offering a more secure and cost-effective solution compared to traditional data lake systems, achieving a 50% reduction in compliance costs and faster digital onboarding [4][5] Market Demand - There is increasing demand for HUB's AI-powered SDF product across various industries, particularly in crypto infrastructure, which requires compliant and programmable data management solutions [5][6] Geographic Expansion - HUB operates in six countries and has invested approximately $200 million into its platform, with plans for accelerated expansion in North America, driven by strong interest from U.S. and Canadian institutions [6]