After launching a major round and reaching the maximum 1.5 million euro underwriting target, LECS technology now accelerates and tries to make the international climb.
We are excited to announce that Cyber Evolution, our innovative cybersecurity SME based in Ascoli Piceno, has recently successfully completed a funding round with a maximum funding target of €1.5 million.
This financial transaction closed brilliantly, thanks to the participation of institutional and industrial investors and our community, who believed in our vision through the crowdfunding campaign launched on MamaCrowd from December 19, 2024 to January 21, 2025. This milestone is a key step in strengthening the scalability of LECS technology and accelerating its expansion both domestically and internationally.
LECS is much more than a cybersecurity solution-it is a technological revolution. We have developed a unique device designed to provide effective, automated protection against increasingly sophisticated cyber threats. With our proprietary patent, we position ourselves as a key player in the digital security industry, offering plug-and-play technology with proprietary artificial intelligence algorithms and all-in-one capabilities covering prediction, detection, response and management.
Our technology is in full compliance with international regulations, fully integrates with other IT and OT security systems, and is scalable for SMEs, large corporations and critical infrastructure.
Our growth path has been supported by important strategic partners, including Forward Factory of the CdP network, Industrio Ventures and NanaBianca, and several international awards that have confirmed the validity of our solution. Thanks to continuous commercial expansion, today LECS is installed in 12 countries and distributed through an established partner network, serving large corporations, multinationals and public administrations.
As we look to the future, our goal is clear: to become an international benchmark in cybersecurity. With our indirect B2B model, we want to make cybersecurity accessible to the widest possible number of companies and institutions, providing protection, innovation and reliability without compromise.
Tonino Celani: Pride in crowdfunding success and international ambitions
“I am really pleased with the great work done by our team over the past few years, and the success achieved by exceeding the maximum target set for crowdfunding is for us on the one hand a source of pride and on the other hand a great responsibility to those who have put their trust in us by believing in our project and our potential for growth in the short term. This is an incentive for us and I feel like thanking on behalf of our society all those who have invested in us. Now, we aim to continue to improve our products by making them more and more performant, to strengthen the team and to develop targeted activities to expand the network and to generate significant business development thus going on to improve our positioning in the cyber security industry. We firmly want to achieve the goal of taking our LECS to an international dimension; we have the potential to do so, considering that our technology is currently considered among the most cutting-edge cyber security solutions in the world .”; these are the words of our Board President and CEO, Tonino Celani.
Pio Paoloni: Crowdfunding as a step toward new growth goals
Pio Paoloni, Vice Chairman BoD and CFO, adds, “The capital increase achieved through Crowdfunding is undoubtedly an important step in our growth, but it is certainly not a point of arrival, rather it is a stage, I see it as a “bridge round” toward new goals, without setting limits for ourselves. Indeed, our bplan envisions significant growth supported by excellent ebtida values and profitability margins. We would like to thank all the investors who participated in the round, and in particular the accelerators Industrio Ventures and Forward Factory of the CDP network, who were the first to put their trust in us back in 2022. The choice in this round to inclusively involve institutional and industrial investors and the community through crowdfunding is a strategic factor for us to create shared value and build a strong and innovative ecosystem, in line with our mission.”
Roberto Camerinesi: Continuous innovation and the opening of a research center in Ascoli Piceno.
“We are excited about this growth opportunity that will allow us to take LECS toward new patentable models and capabilities, which we are already working on, to position ourselves among the leading cyber defense companies with a new OEM NDR-DPI multispectrum technology for 4.0 and 5.0. Our development program, also includes that in the first half of 2025 we will open our own cyber threat research center in Ascoli Piceno, with an expansion of our headquarters, and this will be a feather in the cap for both our company and the area. We will strengthen the development and research team and will partner with prestigious universities, also attracting young talent who can contribute to a safer digital future. LECS, definitely aims to redefine current cybersecurity standards, responding to the needs of an increasingly connected, complex and “exposed” world said Roberto Camerinesi – CTO and Inventor of the LECS technology.
Marco Camerinesi: Accelerating strategic expansion in key markets.
“With the new resources from the round concluded a few days ago, we have a great opportunity to accelerate the strategic expansion operations that we have already started in several key markets such as Italy, which is obviously the most proximate one, and abroad, in high-potential areas in Europe and South America, where by the way we are already present with several clients. The cyber security market is certainly among those with the highest growth trends with annual CAGRs of about 15 percent and a potential global market of €240Bn estimated to 2027. The wide market validation of our LECS technology, supported by a very large application scalability on IT/OT environments, I am sure that it will allow us to realize a strong expansion of our network of technical business partners in a short time and to acquire important market shares,” said Marco Camerinesi – COO of Cyber Evolution.