Evo Security, an Austin, TX-based provider of identity and access management solutions for managed service providers (MSPs), raised $6M in Series A funding.
The round was led by TechOperators, and included participation from Sorenson Capital, Prelude, Strategic Cyber Ventures, Inner Loop Capital, in addition to new partner MetroSITE Group.
The company intends to use the funds to accelerate its growth, enhance its consolidated product offerings, and expand market presence.
Led by CEO Michael Roth, Evo Security is a cybersecurity SaaS company dedicated to providing solutions that protect MSPs and their SMB customers from evolving identity-based cyber threats. With a focus on quality, innovation, and MSP support, it offers a consolidated identity platform designed to safeguard critical digital assets and ensure small and medium business livelihoods are protected.
Commenting on the news, Michael Roth said: “This investment is a testament to the hard work and dedication of our team and the trust our MSP Partners place in us. With TechOperators’ support, we are well-positioned to advance our mission of delivering a market leading, consolidated identity and privileged access management platform to our MSP Partners and their SMB customers.”
FinSMEs
25/07/2024