CryptoNewsBreaks – Secfense Raises $2M to Position in Foreign Markets, Build Passwordless Future

March 24, 2022 13:25:22

Secfense, with a mission to eradicate password-related attacks and help organizations transition into a passwordless future, introduces strong authentication within entire organizations to protect all systems and apps without a single line of code. The company announced that it has raised $2 million from Tera VC, Presto Ventures and RKKVC, which will be used to build a position on foreign markets, especially in the U.K. and U.S. Experts from VC funds and business angels understand the importance of the cybersecurity industry today and see the potential of the User Access Security Broker (“UASB”) technology developed by Secfense.

“There are plenty of multifactor authentication (‘MFA’) solutions on the market, but so far no one has proposed a good way to introduce them to many applications and systems in a fast and easy way,” said Tomasz Kowalski, CEO of Secfense. “We did it. Investors have noticed our broker is a solution that addresses some of the biggest security concerns of large organizations. Secfense spreads an invisible protective layer across entire organizations and spreads MFA on top of all systems and applications. MFA is introduced quickly with zero integration costs and no burden to end-users.”

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About Secfense

Secfense, with a mission to eradicate password-related attacks and help organizations transition into a passwordless future, develops User Access Security Broker (“UASB”) technology. The solution addresses some of the major security concerns for large organizations, allowing integration of a protective layer of multifactor authentication (“MFA”) on top of all systems and applications. The value of UASB has been appreciated by the cybersec experts of BNP Paribas bank. Secfense’s clients also include Findia Group, PKP Intercity and organizations from the government sector.

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