For Clare Loveridge, Vice President & General Manager EMEA at fast growing cybersecurity company Artic Wolf, access to an expanding pool of technology talent was a major factor in the company’s decision to set up its EMEA headquarters in Newcastle.
She said: “With less of a need for workers to be based in London, the North-East has quickly established itself as a new hub for leading technology firms looking to set up shop outside the capital.
“While I grew up in Newcastle, I spent much of my career in the South. When I returned to the North-East five years ago, I could see first-hand the fantastic pool of talent that is growing in the region. I am incredibly excited and proud to be establishing Arctic Wolf’s European operations
in Newcastle, a city that I believe will bring undoubted long-term recruitment benefits to the company’s next phase of growth in EMEA.”
The establishment of Arctic Wolf’s EMEA HQ in Newcastle city centre is expected to bring hundreds of new jobs to the North-East over the next three years.
Jen Hartley, Director of Invest Newcastle, Newcastle Gateshead Initiative, said: “Arctic Wolf’s decision to establish its EMEA headquarters in Newcastle is testament to the growing appeal of the North-East as a talent hotspot for leading technology companies and our thriving business community. As recent government figures show, Newcastle has one of the fastest growing tech sectors in the UK, so it’s fantastic to see one of the world’s leading cybersecurity companies choose our region as its primary base in the UK and EMEA.”
Arctic Wolf, provider of a cloud-native security operations platform for automated threat detection and response, entered the EMEA cybersecurity market in April 2021 and established a European Security Operations Centre in Germany in November 2021. In July 2021, it secured a $150 million series F financing round, valuing the business at $4.3 billion.