News Briefs

Quickpass Cybersecurity nets $7m in series A, Arthur Ventures invests

Quickpass will use the funding to boost efforts to better secure MSPs their customers with Privileged Access Management.

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  • Quickpass Cybersecurity provides Privileged Access Management (PAM) and Help Desk Security Automation for MSPs (Managed Service Providers)
  • Arthur Ventures closed its latest fund in September 2021
  • Quickpass doubled its ARR in the past six months and currently has over 400 MSP partners

Quickpass Cybersecurity, a provider of Privileged Access Management and Helpdesk Security Automation for MSPs (Managed Service Providers), announced a $3 million round of funding, in partnership with Arthur Ventures. The latest financing completes Quickpass’ series A round, totaling $7 million.

The Vancouver-based company will use the capital raised to boost efforts to better secure MSPs their customers with Privileged Access Management and and Helpdesk Security Automation.

“Quickpass is a perfect fit in our portfolio alongside other fast-growing security companies being built outside Silicon Valley such as Threatlocker, DNSFilter, and Nucleus Security. We look forward to supporting them through this period of hyper growth,” commented Ryan Kruizenga, partner at Arthur Ventures, in a press release.

Arthur Ventures announced the completion of its latest fundraising in September 2021. The firm raised a total of $375 million for two funds: Arthur Ventures IV ($225 million core fund) and Arthur Ventures Growth III ($150 million growth-stage fund). Arthur Ventures invests in B2B software companies at the early growth stages.