Keystrike, an innovative cybersecurity startup based in Iceland, has recently announced securing a substantial $1 million in pre-seed funding. This investment round was led by a consortium consisting of Grófin Business Development, Investco, Arcus Invest, Lira, and supported by an influential international private investor within the cybersecurity domain. The infusion of capital aims to power Keystrike’s ambitious plans for market expansion, particularly targeting the lucrative United States cybersecurity sector.
Keystrike pioneers a revolutionary approach in cybersecurity, introducing a zero-trust paradigm that alleviates employee fears by preventing hackers from traversing between devices. Their cutting-edge technology verifies employee commands at the workstation level, thwarting remote attackers and offering seamless Multi-Factor Authentication (MFA) without operational friction. Spearheaded by a seasoned team including the likes of Ymir Vigfusson, PhD, Valdimar Oskarsson, Arni Thor Arnason, Arni S. Petursson, and Steindor Guðmundsson, each bringing extensive cybersecurity expertise, Keystrike aims to redefine security protocols, promising organizations genuine and effortless protection against the most sophisticated cyber threats, heralding a new era of unobtrusive yet robust digital security solutions.
“The innovative strides made by Keystrike are poised to elevate security standards in an increasingly challenging digital landscape,” says Halldór Ólafur Halldórsson, CEO of Grófin Business Development. “We believe Keystrike’s fresh perspective will become an essential cybersecurity layer for institutions and companies that are critical to our systemic infrastructure, particularly government bodies, financial institutions, and key players in the energy and telecommunications sectors.”
Keystrike’s technology operates on real-time automated keystroke authentication, ensuring the validation of keystrokes to ascertain their legitimacy originating from authorized users, not compromised by malicious actors infiltrating the user’s device. Sanctum Guard, Keystrike’s flagship product, is set to debut in early December and is already in use across multiple enterprises. This strategic offering is tailored to strengthen critical infrastructure and fortify systems, particularly those susceptible to serious cyber threats, spanning industries such as energy production, finance, manufacturing, and retail. The recent funding injection and the imminent launch of Sanctum Guard emphasize Keystrike’s steadfast dedication to delivering robust cybersecurity solutions, addressing the paramount concerns of digital security faced by organizations worldwide.
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Originally published on ArcticStartup : Original article