Unicorns Podcast: How Senetas plans to spend its bumper $11M warchest

The Unicorns Podcast connects you to some of the best and brightest founders, CEOs, executives, business owners, innovators, entrepreneurs and inspiring leaders who make things happen and inspire others.

Host Justin Kelly, former broadcast journalist and PR veteran, chats with leaders from across Australia and internationally about business strategy, what it takes to build a successful company, how to overcome challenges and advice for those on a similar journey.

In this episode, Justin speaks with Andrew Wilson, CEO of Senetas (ASX:SEN) — an ASX-listed Australian cybersecurity company that’s been protecting some of the world’s most sensitive information for more than 20 years.

It’s been a transformative year for Senetas. The company sold its Votiro subsidiary and, in the process, secured a $17.1 million strategic stake in US-based Menlo Security — a fast-growing firm with recurring revenues and potential IPO upside.

Andrew and Justin discuss the company’s plans for the proceeds from the sale, as well as Senetas pursuing its largest-ever sales pipeline.

The discussion centres on the past 12 months in cybersecurity, as well as the key threats Senetas sees ahead: investing in post-quantum encryption and embedding new algorithms into its products to protect customers against tomorrow’s threats.

This podcast was developed in collaboration with Senetas, a Stockhead advertiser at the time of publishing.

The interviews and discussions in this podcast are opinions only and not financial or investment advice. Listeners should obtain independent advice based on their own circumstances before making any financial decisions.