- Merak Capital announces an investment of 54 million riyals in Digital Security Shield to enhance cybersecurity capabilities in Saudi Arabia
- The investment funding supports the development of Digital Security Shield’s services and its technical and human capabilities in line with Saudi Arabia’s drive to develop its technological infrastructure
Merak Capital has injected investments worth 203 million Saudi riyals, equivalent to 54 million US dollars, into Digital Security Shield (DSShield), a company specialized in cybersecurity, to support the development of the company’s capabilities in protecting the Kingdom’s digital infrastructure.
The investment comes in light of the rapid growth of digital transformation in the Kingdom and the increasing reliance on cloud computing and industrial automation, which highlights the need for an advanced cybersecurity ecosystem that protects both the public and private sectors.
Siraj Marghalani, Founder and CEO of Digital Security Shield, confirmed that the investment partnership will support the expansion of the company’s services and strengthen its technical and human capabilities, reinforcing its position as a national cybersecurity company aligned with Saudi Arabia’s strategic direction.
Othman Alhokail, Founder and Managing Partner at Merak Capital, added that the company is committed to establishing strategic partnerships to build national companies that support digital transformation in the Kingdom.
About Digital Security Shield
Digital Security Shield was founded in 2020 in Riyadh. The company provides integrated services including consulting, system development and integration, and managed security services. It has implemented projects exceeding 1.5 billion Saudi riyals across multiple vital sectors.
The company focuses on compliance, system security, and business continuity.
