Riyadh – Sharikat Mubasher: Merak Capital, a Saudi investment firm licensed by the Capital Market Authority, invested SAR 203 million (USD 54 million) in DSShield, one of the Kingdom’s fastest-growing cybersecurity companies.
As per a recent press release, the capital will be used to scale security operations, expand advisory and managed services, advance proprietary technology, and grow across government, critical infrastructure, and enterprise sectors, establishing a pathway toward a public listing as DSShield enters its next growth phase.
Founded in 2020 and headquartered in Riyadh, DSShield specializes in cybersecurity for environments where availability, integrity, and compliance are critical. The company has delivered programs exceeding SAR 1.5 billion across advisory, implementation, and 24/7 managed security operations.
Siraj Marghalani, Founder and CEO of DSShield, said the investment would allow the company to expand its team, enhance capabilities, and position itself as a national cybersecurity leader.
Othman Abdulrazaq Alhokail, Founder & Managing Partner at Merak Capital, noted that the partnership reflects the firm’s commitment to supporting businesses driving Saudi Arabia’s digital transformation.
