Cytix, a Manchester-based cybersecurity company developing software change risk management technology, raised $7 million in Series A funding to expand a platform designed to address risks created by AI-assisted software development. The round was led by Northern Gritstone, with participation from existing investors Auriga Cyber Ventures and NPIF II – PXN Equity Finance.
Managing AI-Driven Software Risk
Rapid adoption of AI-assisted development, agentic workflows and continuous delivery has increased the volume and speed of software changes. Cytix’s platform continuously monitors software updates, assesses associated business and security risks, determines required actions and records evidence for regulatory and compliance purposes.
“AI-assisted development means change now happens at machine speed. Meanwhile, very few security leaders have control over, or understanding of, those changes from a risk perspective. Right now, existing tools can tell you what vulnerabilities you have, but can’t tell you about the risk. We launched Cytix’ change risk management platform to get control of that risk.” - Ben Armstrong, Co-Founder of Cytix
Enterprise and Regulated Market Expansion
The Series A funding will support the rollout of the platform across enterprise and regulated organizations where software change governance is a compliance requirement. Cytix provides access directly and through managed service partnerships with NCC Group and KPMG.
“The explosion of AI-assisted software development has led to a race to ensure software implementation remains secure. Cytix’s platform aims to help enterprises take a realistic approach, recognising where change carries the most risk whilst allowing businesses to innovate. Northern Gritstone is proud to support another ambitious Manchester-based business in an exciting phase of its growth.” - Duncan Johnson, CEO of Northern Gritstone
Scaling the Change Risk Platform
Cytix positions the platform between software development workflows and security, risk and compliance functions, creating a control point for evaluating and documenting software changes. General availability began on August 12, 2026, with the new capital supporting broader customer adoption and continued growth.