.European cybersecurity startup Uniqkey today declared increasing EUR5.35 thousand (~$ 5.9 million) in a brand new financing round that brings the total raised by the provider to EUR15.35 thousand (~$ 17 thousand).The new investment sphere was actually led by Swedish VC BackingMinds, along with added help coming from angel entrepreneurs.Founded in 2017, the Copenhagen, Denmark-based start-up aims to streamline and also protect employee access to resources through defending references as well as crucial systems making use of cutting edge file encryption.Uniqkey's password and also gain access to administration remedy requires that workers utilize a mobile phone treatment when logging into enterprise systems, while always keeping security passwords secured.The company vows the same login experience across mobile, pc, and also cloud solutions, continuous authorization, and credential autofill to proliferate making use of solid passwords that employees perform certainly not must keep in mind.Uniqkey's remedy likewise supports multi-factor authorization, security password sharing within the organization, as well as accessibility control to permit safe collaboration. The company additionally intends to educate staff members to enhance cybersecurity recognition.Furthermore, associations can monitor and deal with workers' accessibility to logins as well as various other possessions, can arrange logins in to purpose-specific groups, deal with access to vulnerable information, and also monitor and also take care of solutions staff members have actually enrolled make up utilizing their job e-mail accounts.Uniqkey presently possesses 50 workers and serves over five hundred associations around Europe. The provider will definitely make use of the brand-new financing to scale its technology to assist additional organizations, primarily small-to-medium-sized businesses (SMBs). Ad. Scroll to continue analysis." Today our team safeguard 500+ SMEs around Europe as well as our company have actually found wonderful demand for our cyber safety solution, having actually expanded one hundred% YoY over recent two years. We can really experience the pull in the market place and desire to keep investing in development as well as product. Along with the financial investment, we acquire ongoing development and also stay up to date with the current safety and security criteria," Uniqkey owner as well as CEO Hakan Yagci pointed out.Connected: Cribl Elevates $319 Million at $3.5 Billion Valuation.Connected: Zest Security Intentions to Address, Certainly Not Only Mitigate Cloud Threats.Related: Risk Management Firm CyberSaint Elevates $21 Million.Related: Infisical Financial Institutions $2.8 M Seed Backing for Secrets Sprawl Security Technology.