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IT security start-up deviceTRUST successfully completes its 7-digit Series A financing round

Darmstadt - December 19, 2019 - Hessen Kapital I GmbH and TF H III Technologiefonds Hessen GmbH invest together with Seed Investor High-Tech Gründerfonds in the German IT security start-up deviceTRUST. With its context-based security, deviceTRUST offers companies the secure and flexible

Companies want and need to provide their employees and external partners with a digital workplace that enables them to work flexibly and productively from anywhere. However, all security, compliance and regulatory requirements must be met. Role-based access control alone is no longer sufficient.

says Sascha Goeckel, Co-Founder and CEO at deviceTRUST.

The context-based security of the deviceTRUST solution allows companies to provide a modern digital workplace while dynamically considering the context such as location, status of security components, network connections, hardware used and user rights. Employees and external partners are thereby able to work productively with their digital workplaces and at the same time meet all security-compliance and regulatory requirements.

Over the past two years, we have won numerous customers from various industries and sizes. With deviceTRUST, it is now very easy for our customers to implement the requirements for e.g. flexible work or home office in a secure way.

Jens Schmidt, Co-Founder and CSO at deviceTRUST.

The investment will primarily be used for the further European expansion of our sales and marketing activities. In addition, we will also invest in our product development in order to further expand our existing technological lead.

adds Sascha Goeckel.

Dirk Pieper, Investment Manager at BM H Beteiligungs-Managementgesellschaft Hessen mbH “sees high growth potential in the highly dynamic market for digital workplaces in which deviceTRUST operates with its solution”.


Dr. Tanja Emmerling, Partner at HTGF, is convinced “that flexible work environments with high security standards and compliance requirements at the same time is a great opportunity for the solution of deviceTRUST”. 

 


About deviceTRUST GmbH
deviceTRUST provides the central context platform for companies that enables users to work from any location, with any device, over any network and at any time with their digital workplace and gives IT departments all information and control to meet all security, compliance and regulatory requirements.

With its patented and patent-pending technologies, deviceTRUST provides more than 200 hardware, software, network, security, performance and location features. deviceTRUST integrates easily with any existing workspace management solution and requires no additional infrastructure. The context is always up-to-date and every change trigger a definable action.

deviceTRUST – Contextualizing IT

Contact
deviceTRUST GmbH
Jens Schmidt
Hilpertstrasse 31
64295 Darmstadt / Germany
Phone: +49 6151 4936960
press@devicetrust.com
https://devicetrust.com

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