Thursday, June 13 2024

Quickpass Cybersecurity, a leading provider of Privileged Access Management and Helpdesk Security Automation for MSPs (Managed Service Providers), announced a new $3 million round of financing in partnership with Arthur Ventures. This completes their Series A round of financing, totaling $7 million.

This round of funding will enable Quickpass to accelerate the company’s efforts to better secure MSPs and their customers with Privileged Access Management and Helpdesk Security Automation.

“We owe our success to the MSP community, especially our Partners,” said Mateo Barraza, CEO and Co-Founder of Quickpass. “Over the past decade, cybersecurity threats have continually expanded downmarket and into the SMB space. Unlike the Enterprise market, the SMB space and the MSPs that serve them have been caught without a well-rounded and mature set of tools to protect themselves. We intend to change this by providing the MSP community with best-in-class cybersecurity tools in the Privileged Access Management and Helpdesk Security Automation areas,” Barraza continued.

‍”We are excited to partner with Mateo, Jim and the rest of the Quickpass team in support of their mission to deliver the best Privileged Access Management software purpose-built for the MSP market,” said Ryan Kruizenga, Partner at Arthur Ventures. “Quickpass is a perfect fit in our portfolio alongside other fast-growing security companies being built outside Silicon Valley such as Threatlocker, DNSFilter, and Nucleus Security. We look forward to supporting them through this period of hyper growth.”

Quickpass doubled its annual recurring revenue in the past six months and currently has over 400 MSP partners. Their recent success comes after adding multiple key team members for their next stage of growth, including Hossein Rajabi as Director of Customer Experience, Luis Lejter as Director of Engineering, Geoff Bellefontaine as Director of Sales, Robby Singh as Lead Product Owner and Jimmy Hatzell as Director of Marketing.

Mateo Barraza, CEO and Co-Founder of Quickpass
Previous

GreyNoise Raises $15 Million in Series A Funding

Next

Sempre.ai Aquires NewSpace Networks

Check Also

Widget

Don’t Miss

One Cloud

Trend Micro Cloud One: A Comprehensive Review

Ellie Buscemi

What is Cloud One by Trend Micro? The Cloud One platform by Trend Micro is a cloud posture security management (CPSM) product that focuses on providing security in the cloud to businesses. Trend One is designed for businesses whose infrastructure relies on a mix of cloud applications and older device-based programs. Examining the security capabilities […]

Best Security Information and Event Management (SIEM) Solutions

Lara Oporto

A Security Information and Event Management system (SIEM) is typically most needed in larger organizations or those with complex IT infrastructures where there’s a high volume of security events and logs generated from various sources. Companies often invest in SIEM when they require comprehensive visibility into their network activities and want to centralize security monitoring […]

Best Browser Security Products

Ellie Buscemi

What is Browser Security and how does it work? Browser Security is a subcategory of cybersecurity that focuses on minimizing a user’s vulnerability to cyber threats while they use the worldwide web. These cyber threats include phishing web pages, session hijacking and malware, which can be injected onto a device by means of tamped-with web […]

Headshot of BastionZero CEO Sharon Goldberg

Cloudflare Acquires BastionZero to Enhance SASE Offering

Nico Davidoff

Acquisition Aims to Boost Cloudflare One’s Capabilities Amidst Growing SASE Market Competition Cloudflare has acquired BastionZero, a zero trust infrastructure platform, in a move aimed at enhancing its Cloudflare One secure access service edge (SASE) offering. The acquisition underscores Cloudflare’s commitment to expanding its presence in the growing SASE market. Cloudflare reported first-quarter revenue of […]

Best Secure Access Service Edge Platforms

Lara Oporto

What is SASE and how does it work? Secure Access Service Edge (SASE) is an architectural model that combines network connectivity with security functions, all delivered through a unified cloud platform or centralized policy control. In contrast to the traditional approach, where network security relies on a multitude of distinct functionalities like firewalls, Virtual Private […]

Best Data Security Posture Management (DSPM) Products

Ellie Buscemi

What is Data Security Posture Management and how does it work? Data Security Posture Management (DSPM) tools focus on protecting data by continuously tracking where it is located and who has access to it. DSPM refers to a set of methods that cybersecurity professionals use to better understand their sensitive data like what it is, […]