Cascadia Capital, an investment bank serving middle market clients globally, is pleased to announce our client SecureW2, a comprehensive zero-trust passwordless security software provider, has received an $80M investment from global software investor Insight Partners. The investment will be used to accelerate market expansion, attract talent, and further fuel the development and enhancement of the company’s passwordless, zero-trust security platform.
SecureW2 allows organizations to leverage real-time security and compliance data from identity & management infrastructure (such as Azure, Okta, Intune, and Jamf) to dynamically automate and authorize access for Wi-Fi, Apps, VPN, and Desktop Logon. SecureW2 software has enabled millions of users and devices to adopt modern certificate-driven passwordless security enabling zero-trust. End users benefit from a frictionless user experience and time savings by leveraging digital certificates to power simplified access via the platform’s modern cloud-native architecture.
“This is the right inflection 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,” said Bert Kashyap, CEO and Co-Founder at SecureW2. “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.”
“Organizations 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,” said Max Wolff, Principal at Insight Partners. “We look forward to partnering with Bert, Tom, and the whole SecureW2 team for the next stage of the company’s growth.”
“Bert and Tom are experienced and passionate product and engineering leaders in the Identity and Access Management sector. Their shared vision combined with successful execution have positioned SecureW2 as category-defining, cloud native, certificate-based authentication software company,” added Matt Riendeau, Cascadia Managing Director. “The ScaleUp expertise of Insight Partners’ investment and onsite teams will help SecureW2 capitalize on its first-mover advantage to accelerate product innovation and revenue growth, and solidify the company’s position as a leader in passwordless security. It was both an honor and a pleasure to advise Bert and Tom at this important moment in SecureW2’s journey.”
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This acquisition represents another successful transaction for Cascadia in its market leading infrastructure software practice. Previous client transactions include: