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Marketing In Asia > Blog > Startup > News from Startup world > Device Cybersecurity Management Startup Bags $14 Million Series A
News from Startup worldStartup

Device Cybersecurity Management Startup Bags $14 Million Series A

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Last updated: 2022/08/30 at 2:04 PM
SIA Editorial Team
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Sydney-based Devicie has raised $14 million in a Series A to expand offshore with its end-user device security management software.

The round was driven by New York VC goliath Insight Partners, upheld Australian network safety administrations supplier CyberCX. Devicie recently brought $1.3 million up in Seed capital from private supporters and the online protection adventure gas pedal program CyRise.

The new capital is reserved for worldwide development, including the US and UK, close by multiplying the size of the group over the course of the following year.

Devicie’s Software-as-a-Service item oversees many security controls and computerizes continuous application and programming refreshes for end-client gadgets in a huge organization. An inability to keep programming refreshed on representative gadgets is currently perhaps of the greatest danger in an organization’s network safety safeguards, and a main source of expanding ransomware assaults.

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Prime supporter and CEO Martin McGregor said that implies IT groups can recover control and perceivability over gadget security without the generally tedious and expensive manual setups and updates they’d have to make.

“As of now 90% of digital assaults happen through workers’ gadgets. Our main goal is to make layered security on end-client gadgets easy for IT groups, empowering them to convey incredible work insight for their association,” he said.

“We are really glad to get this subsidizing from Insight Partners and CyberCX to speed up our venture into the US, UK and EMEA and assist associations and their kin with establishing a safe innovation climate, paying little heed to where they work. With the expanded spotlight on consistence and basic ventures, gadget the board stays one of the most normally taken advantage of weaknesses for associations internationally.”

Devicie’s clients incorporate PointsBet, John Holland and Nine Network, close by accomplices including Microsoft, CyberCX, Crayon, Somerville Group and VITCS.

Knowledge Partners head Philine Huizing said Devicie has adopted an original strategy to end-client gadget the board.

“With the elevated gamble of digital assaults from worldwide troublemakers trying to take advantage of current pressures, Devicie is a crucial arrangement across endeavors and oversaw specialist organizations,” he said.

CyberCX CEO John Paitaridis said: “The Devicie group have fostered an uncommon item, sensitive to the necessities of the market and with the possibility to immeasurably improve digital protection results for clients across the globe”.

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    SIA Editorial Team August 30, 2022 August 30, 2022
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