.European cybersecurity start-up Uniqkey today announced raising EUR5.35 million (~$ 5.9 million) in a brand-new financing round that brings the complete raised due to the business to EUR15.35 million (~$ 17 million).The brand-new expenditure sphere was actually led through Swedish VC BackingMinds, along with extra help from angel entrepreneurs.Founded in 2017, the Copenhagen, Denmark-based startup intends to simplify as well as protect worker access to resources through securing qualifications and also essential bodies using state-of-the-art encryption.Uniqkey's security password and access management service needs that workers use a mobile phone use when logging into organization devices, while always keeping codes secured.The firm vows the very same login knowledge throughout mobile, desktop computer, and also cloud companies, constant verification, and abilities autofill to multiply the use of sturdy security passwords that employees do certainly not have to don't forget.Uniqkey's remedy additionally sustains multi-factor authorization, security password sharing within the company, and access command to allow safe cooperation. The provider also aims to educate workers to increase cybersecurity awareness.Also, organizations can easily check as well as handle employees' access to logins and other possessions, can easily coordinate logins into purpose-specific teams, deal with accessibility to sensitive info, as well as display as well as handle companies staff members have actually signed up accounts for utilizing their job email accounts.Uniqkey presently has 50 workers and also serves over five hundred companies across Europe. The provider will definitely make use of the brand new financing to scale its own technology to assist even more institutions, mostly small-to-medium-sized companies (SMBs). Ad. Scroll to continue reading." Today our experts safeguard five hundred+ SMEs around Europe and also we've observed excellent need for our cyber security remedy, having actually increased 100% YoY over the past pair of years. Our company may actually feel the pull in the market place and want to maintain buying development and product. With the investment, our experts buy continuous growth as well as maintain the most recent safety requirements," Uniqkey founder and also chief executive officer Hakan Yagci claimed.Connected: Cribl Increases $319 Thousand at $3.5 Billion Valuation.Connected: Passion Surveillance Aims to Fix, Not Only Alleviate Cloud Threats.Related: Threat Monitoring Company CyberSaint Increases $21 Million.Related: Infisical Banks $2.8 M Seed Funding for Techniques Sprawl Security Tech.