{"id":2864,"date":"2018-05-17T09:57:09","date_gmt":"2018-05-17T13:57:09","guid":{"rendered":"https:\/\/solutionsreview.com\/identity-management\/?p=2864"},"modified":"2018-05-17T09:57:09","modified_gmt":"2018-05-17T13:57:09","slug":"ubisecure-announces-series-funding-octopus-investments","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/identity-management\/ubisecure-announces-series-funding-octopus-investments\/","title":{"rendered":"Ubisecure Announces Series A Funding From Octopus Investments"},"content":{"rendered":"

\"2018<\/p>\n

Finnish customer identity and access management (CIAM) and IAM solution provider Ubisecure today announced a successful Series A, Early Stage Venture Funding Round. In a press release, the vendor stated they had secured a significant, as-yet-undisclosed amount of growth capital from Octopus Investments, a London-based venture capital firm offering investment solutions. Octopus Investments’ funding is meant to help Ubisecure expand their European operations and accelerate their product development.<\/span><\/p>\n

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\"Download<\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n

As a result of this growth investment, Ubisecure plans to expand their personnel across the Nordic region (Denmark, Sweden, and Iceland) and will establish a new presence in the United Kingdom. Octopus Investments\u2019 Richard Court and Paul Davidson will be joining the Ubisecure board of directors. <\/span><\/p>\n

The shadow of upcoming European Union privacy regulations such as GDPR looms large over the IAM and CIAM spaces and may have been a key motivation in Octopus Investments’ interest in Ubisecure. Ubisecure\u2019s CEO Simon Wood commented: \u201cWith the number of breaches involving personal information increasing and with GDPR going into effect on May 25, 2018, the subject of how companies handle identity data has become a particularly hot topic this year…we chose to partner with Octopus because of its track record in supporting the growth of successful enterprise software businesses across Europe.\u201d <\/span><\/p>\n

In a separate statement, Octopus Investments’ Head of Intermediate Capital Grant Paul-Florence said: \u201cThere is a huge opportunity for Ubisecure to expand its European presence, and we are thrilled to have been brought on board to support the company in this next stage of growth.\u201d<\/span><\/p>\n

Ubisecure\u2019s expansion might position it for CIAM success in the near future; GDPR goes into effect in just a few weeks and there are reports of enterprises still not adequately prepared for the regulation\u2019s enforcement. <\/span><\/p>\n

You can read more about Ubisecure here<\/a> and check out their white paper on CIAM here<\/a>. \u00a0<\/span><\/p>\n
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Finnish customer identity and access management (CIAM) and IAM solution provider Ubisecure today announced a successful Series A, Early Stage Venture Funding Round. In a press release, the vendor stated they had secured a significant, as-yet-undisclosed amount of growth capital from Octopus Investments, a London-based venture capital firm offering investment solutions. Octopus Investments’ funding is […]<\/p>\n","protected":false},"author":41,"featured_media":2372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[153,16,144,118,294,30,749,639],"acf":[],"yoast_head":"\nUbisecure Announces Series A Funding From Octopus Investments<\/title>\n<meta name=\"description\" content=\"Ubisecure today announced a successful Series A, Early Stage Venture Funding Round of an undisclosed amount from Octopus Investments.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/identity-management\/ubisecure-announces-series-funding-octopus-investments\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ben Canner\" \/>\n\t<meta name=\"twitter:label2\" 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