Strategic Cyber Ventures – a leading cybersecurity-focused venture capital firm – recently announced a $1 million investment into Evo Security’s latest funding round. Evo Security is known for enterprise-grade identity and access management products tailored for IT Managed Service Providers (MSPs). This strategic investment reinforces their commitment to national security by supporting early-stage cybersecurity companies and fostering innovation that secures our nation.
Identity and Access Management has quickly become one of the fastest-growing cybersecurity segments in the MSP-focused channel, given the plethora of compliance, insurance, and regulatory requirements. It is a core component of nearly every cybersecurity framework and certification to ensure proper authentication and access control is managed and verified across critical MSP and MSP client systems. MSPs are challenged not only with protecting their clients from the most common breaches related to social engineering but also with protecting themselves.
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“The first time I met Chris and Hank at Strategic Cyber Ventures, I knew I wanted to partner with them. Their depth of knowledge, experience, and overall astuteness on all things cyber was an obvious value add. I was also impressed with their industry advisors, who were already starting to help us craft ways to up-level before SCV even invested. I’m incredibly grateful and excited for the opportunity to build Evo Security with a security-focused partner like SCV.”
- Michael Roth, Evo Security’s Founder & CEO
“We are excited to support Evo Security in their mission to help MSPs make their identity and access management safer. Their innovative approach to cybersecurity aligns perfectly with our investment strategy, and we believe this partnership will yield significant advancements in the IAM industry.”
- Hank Thomas, Founder & CEO at Strategic Cyber Ventures
