Push Security scores $4m in seed raise

Push Security, a UK-based provider of technology enabling secure SaaS adoption and usage, has bagged $4m from a seed funding round headed by Decibel.

The round was also backed by co-founder of Duo Security Jon Oberheide and CEO and founder of Thinkst.

Many employees today are moving fast and adopting SaaS platforms to get things done. While SaaS makes productbity gains and innovation accessible for companies of all sizes, it also introduces risk to the business unless its properly managed.

To support this move towards productivity and flexibility, Push believes the best way to is adopt a user-centric approach and equip employees to improve their own security while using SaaS.

With this new funding, the company plans to develop technology that ‘guides employees to make smart decisions while they are using company SaaS platforms’, enlisting their help to boost security.

Push co-founder and CEO Adam Bateman said, “The world of work is shifting in a big way. Employees want flexibility and they need the right tools to be productive, but those tools aren’t always company-approved. So, they’re signing up for those tools on their own. Security teams want to assert some control over this because SaaS apps introduce risk to their company, so they often try to simply lock down SaaS.

“However, in the long run this just encourages employees to work around the security team. You can’t secure SaaS that’s owned by employees without working with employees. We’ve built a lightweight, scalable way to let employees use SaaS responsibly, guiding them to actually fix security issues, while offloading work from security teams. We’ll prove along the way that employees don’t need to just be seen as part of the problem, but can actually become part of the solution.”

Copyright © 2022 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.