Mayo company among winners at National Enterprise Awards
Castlebar company Cytidel took home the Innovation Award. Picture: Conor McCabe Photography
Cytidel, who are supported by Local Enterprise Office Mayo, were winners at this year’s National Enterprise Awards. The awards, which took place at the Round Room in the Mansion House in Dublin, on Thursday, May 23, were in their 24th year. They are run annually by the Local Enterprise Offices.
Castlebar company Cytidel took home the Innovation Award.
Cytidel is a cyber intelligence and risk prioritisation platform, enabling customers to automate identification of the vulnerabilities most likely to lead to a security breach, and prioritise the fixes necessary to prevent them. This reduces breaches by up to 80% with half the effort.
Last year’s National Enterprise Awards was won by another Mayo business, Advanced Cosmetics. The Ballina-based company was set up by Noreen Hackett in 2018. They have achieved significant success, securing contracts with some of the biggest brand names in the cosmetics industry.
John Magee, Local Enterprise Office Mayo: “This is a deserved win for Cytidel on a national platform. Cytidel have demonstrated their innovation, and also their enterprise skills in building a cutting-edge technology business. Their product addresses an important need in the modern world, and they have shown they have the ability to build it into a correspondingly important business based in the West of Ireland.”
Matthew Conlon (ex-Accenture and Workhuman) and Conor Flannery (ex-Integrity360 and Accenture) co-founded Cytidel in 2021 after spending a decade in cyber security across IT, finance and policing. Having witnessed firsthand how cyber security teams are overwhelmed with the quantity of cyber risks, the pair developed Cytidel.
Matthew Conlon, CEO and founder of Cytidel said, “Every day, over-stretched cyber security professionals are faced with thousands of new security vulnerabilities and little time or resources to fix them all. We developed a platform that helps them to get clarity from the noise, significantly improving their ability to identify and fix the cyber risks posing the greatest threat to their revenue streams. In a world where cyber threats are increasing 25% year on year, Cytidel provides actionable insights and clear remediation guidance.''
