Secfense raises $2m with Tera Ventures

Our portfolio’s cybersecurity experts at Secfense raised $2 million from Tera Ventures, Presto Ventures, RKKVC and angel investors to help organizations in transition to a passwordless future!

The company was established with initial investment from Bitspiration Booster VC in 2018. Founders are Marcin Szary and Tomasz Kowalski, who for over twenty years have been focusing on the area of ​​cybersecurity with an emphasis on identity management.

The following venture capital funds decided to invest in Secfense in the most recent investment round:

  • Tera Ventures is an Estonian venture capital firm investing in early-stage born-global digital startups
  • Presto Ventures is a Prague-based VC focused on B2B startups that are built on solid technology and have the potential to succeed in the global market.
  • RKKVC is an early-stage VC fund from Poland focused on technologies that benefit people and the planet.

Angel investors that joined Secfense funding round are:

  • Mark Schuster, a sales executive from UiPath, B2B SaaS Angel Investor & Sales/Partnership Advisor.
  • Elżbieta Kozera, COO at Cypherdog Security Inc. plays a big role in the expansion of Polish companies in the United States.
  • Bartosz Dobrzyński, an angel investor and a former P4 board member (owner of the Play mobile network operator).

The value that the #UserAccessSecurityBroker from Secfense brings to organizations has been appreciated by the cybersecurity experts of BNP Paribas Bank Polska. Among Secfense clients, there are also companies from the Findia that specialize in insurance and services in the area of ​​technology, cyber protection, and legal protection, PKP Intercity, one of the biggest transportation companies in Poland, as well as an organization responsible for digitalization of government sector in Poland.

BNP Paribas Bank Polska:
‘We are faced with new challenges every day. We must always be one step ahead of the attackers and know what they are going to do before they do it. We are convinced that User Access Security Broker will bring security to a new level, both for those working at the office and from home. For us, working with Secfense is an opportunity to exchange experience with developers who put great value on out-of-the-box thinking.’
Krzysztof Słotwiński, Business Continuity and Computer Security Officer at BNP Paribas Bank Polska.

Tera Ventures:
‘One of the biggest challenges the world is facing today is securing our identity online – says Stanislav Ivanov, Founding Partner at Tera Ventures – That’s why we were so keen to have Secfense in our portfolio. They make it possible to introduce strong authentication in an automated way. Until now, organizations had to selectively protect applications because the deployment of new technology was very hard, or even impossible. With Secfense, the implementation of multi-factor authentication is no longer a problem, and all organizations can use the highest standards of authentication security.’