Security

Uniqkey Raises EUR5.35 Million for Business Password Management Solutions

.European cybersecurity start-up Uniqkey today declared raising EUR5.35 thousand (~$ 5.9 million) in a new funding sphere that brings the total raised by the business to EUR15.35 million (~$ 17 thousand).The brand-new investment sphere was led through Swedish VC BackingMinds, along with added assistance coming from angel real estate investors.Founded in 2017, the Copenhagen, Denmark-based start-up intends to streamline as well as secure staff member accessibility to sources by safeguarding references and also important systems making use of advanced shield of encryption.Uniqkey's security password and also accessibility management answer requires that workers use a mobile phone request when logging into organization bodies, while keeping passwords encrypted.The company promises the exact same login expertise across mobile phone, desktop, as well as cloud companies, continual authentication, as well as abilities autofill to multiply the use of sturdy codes that workers perform certainly not must keep in mind.Uniqkey's option also supports multi-factor authentication, security password sharing within the company, and access management to permit safe collaboration. The business likewise targets to teach workers to boost cybersecurity understanding.Also, organizations can check and also deal with staff members' access to logins as well as various other properties, can easily arrange logins into purpose-specific teams, take care of access to vulnerable details, and also screen and manage solutions employees have actually signed up make up using their work e-mail profiles.Uniqkey presently possesses fifty staff members and also performs over five hundred organizations across Europe. The provider will certainly use the brand new funding to size its own technology to assist even more associations, generally small-to-medium-sized companies (SMBs). Promotion. Scroll to proceed analysis." Today our team protect five hundred+ SMEs across Europe and also our experts have actually observed terrific need for our cyber security solution, having actually expanded 100% YoY over recent two years. Our team can actually experience the pull in the market and also would like to maintain purchasing growth as well as item. Along with the investment, our company invest in continued growth and also stay on par with the most up to date safety specifications," Uniqkey founder and CEO Hakan Yagci claimed.Associated: Cribl Increases $319 Million at $3.5 Billion Appraisal.Connected: Passion Security Purposes to Deal With, Certainly Not Merely Relieve Cloud Risks.Connected: Danger Administration Company CyberSaint Raises $21 Thousand.Related: Infisical Banks $2.8 M Seed Backing for Keys Sprawl Security Technician.