Using SecureW2, businesses can automate and provide access to Wi-Fi, apps, VPN, and desktop login. Credit: Sigmund/Unsplash.

Cybersecurity software-as-a-service (SaaS) company SecureW2 has raised $80m in funding from Insight Partners.

SecureW2 is engaged in offering a suite of passwordless security software solutions, with headquarters in the Netherlands and regional hubs in the US and India.  

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It will use the funding to expand operations, hire new staff and support the augmentation of its security platform.

Using SecureW2, businesses can automate and provide access for Wi-Fi, apps, VPN, and desktop login by utilising security and compliance data from identity and management infrastructure such as Azure, Okta, Intune, and Jamf.

The company’s passwordless technology is 100% cloud-based and turnkey deployable.

SecureW2 recently extended the scope of its service offerings beyond passwordless certificate-based infrastructure access to include application security access.

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SecureW2 CEO and co-founder Bert Kashyap said: “This is the right inflexion point in SecureW2’s journey to join forces with Insight Partners, whose track record as a leading cybersecurity software investor is going to immediately benefit our current and future customers.

“As a result of this partnership, SecureW2 will be accelerating new products and channels to market and adding integrations to our ever-broadening ecosystem of technology partners.”

Insight Partners principal Max Wolff said: “Organisations are increasingly looking for alternatives to traditional passwords to authenticate access to networks and applications. SecureW2 provides an easy-to-use, cloud-native solution to address this need that is already being used by hundreds of customers worldwide.”

Last week, software investor Insight Partners co-led the $35m Series B round of data transformation startup Prophecy.