Level 39 graduate Pirean becomes Canary Wharf Group’s first “home grown” tech tenant

Tech security start-up signs lease at One Canada Square following year spent at Group’s Fintech accelerator and High Growth Space

Identity and Access Management (IAM) start-up Pirean has signed a five year lease at Canary Wharf Group’s One Canada Square, the first company to graduate from the Group’s accelerator Level 39 and High Growth Space to become a tenant at its premises.

Canary Wharf’s “home grown tenant”, Pirean specialises in IAM solutions which offer secure access to on-premise, mobile or cloud-based applications for employees, customers or partners.

Pirean joined Level 39, Europe’s largest financial technology (Fintech) accelerator, in June 2013 and expanded into the Group’s High Growth Space, located on the 42nd floor of One Canada Square, in October 2013.

Originally based out of Hampshire, the data security company will now be relocating all of its operations to the Square’s 34th floor, joining fellow tech businesses such as Citihub and Oracle Financial Services, housed at the premises.

Stuart Wilson, Pirean chief executive, said:

“Canary Wharf Group enabled us to grow our London presence from scratch, providing the flexibility and support that we needed during a period of rapid growth and expansion.

“Level39 provided an excellent environment for creativity and collaboration – and it’s an important part of the infrastructure that we are looking forward to benefiting from as tenants of Canary Wharf.”

Head of Level39, Eric Van der Kleij, continued:

“For Pirean to convert from ‘member’ to ‘tenant’ before Level39’s first anniversary is a testament to what we’re doing here, and bodes well for the future of Canary Wharf’s technology community. We’d also like to wish every success to Pirean!”

Comments

(will not be published)