Merak Capital, a Saudi investment firm licensed by the Capital Market Authority, has completed a $54m investment in DSShield, one of the Kingdom’s fastest-growing cybersecurity providers.
The new capital will be used to expand DSShield’s security operations capacity, strengthen its advisory and implementation teams, and scale managed services, according to a report from Wamda. The funding will also accelerate investment in proprietary technology development, while supporting growth across operational technology offerings and an expanding client base.
Founded in 2020 and headquartered in Riyadh, DSShield operates a cybersecurity delivery model focused on environments where availability, integrity, and regulatory compliance are essential to business continuity.
DSShield provides end-to-end cybersecurity services spanning advisory, implementation, and 24/7 managed security operations. Its integrated approach enables organisations to manage cyber risk holistically as digital, physical, and data environments increasingly converge, supporting clients across government, critical infrastructure, and enterprise sectors.
DSShield founder and CEO Siraj Marghalani said, “We founded DSShield on the belief that cybersecurity is built on trust, discipline, and execution. Our clients operate in environments where there is no margin for error, and we have built our company to deliver reliable outcomes in those settings. This partnership with Merak Capital gives us the platform to invest in our people and capabilities, expand our service capacity, and position DSShield as a national leader in cybersecurity as the Kingdom’s digital economy continues to grow.”
Merak Capital founder & managing partner Othman Abdulrazaq Alhokail said, “Merak’s mission is to partner with ambitious founders building market-leading businesses that serve as the backbone of the Kingdom’s digital transformation. Our investment in DSShield reflects this commitment to providing the institutional support and strategic framework necessary to solidify their leadership as a national champion in the regional cybersecurity landscape.”
Merak Capital partner and head of capital formation Mohannad Alfayez added, “DSShield has established itself as a trusted partner across the public sector and regulated industries at a time when demand for homegrown solutions is accelerating. This investment provides the capital base for the company to scale its operations and proprietary technology, establishing a clear and sustainable pathway toward a public listing.”
Read the daily FinTech news
Copyright © 2025 FinTech Global
Copyright © 2018 RegTech Analyst
