Bsure funding news – Oslo-based Bsure Secures $1 million Funding
Jul 2, 2024 | By Startup Rise EU
Bsure, a software company specializing in optimizing license spend, IT processes, and improving security, secures $1 million funding. The company welcomes Pirate Entrepreneurship Fund (“PEF”), Gratus Capital II LLC (“Gratus”), and East Carolina Angels (“ECA”).
SUMMARY
- Bsure improves user security while enabling licence cost savings.
- The investment will be used to accelerate product development and strengthen Bsure's sales and marketing team, enhancing growth in Norway and internationally.
It has developed an innovative application that helps businesses manage and reduce their ever-increasing software- and subscription costs while enhancing security. In a world where the transition to the cloud renders traditional IT department processes obsolete due to increased accessibility, companies need advanced tools to handle this complexity effectively.
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Henrik Skalmerud, CEO & Co-founder of Bsure said, "With the support of our new investors, we are ready to accelerate our product development and strengthen our sales and marketing team to drive further growth, The expertise from PEF’s executive committee and Gratus’ managing partner will provide us with the capability and knowledge to enter new markets, such as the U.S.”
Matt Crisp, ECU supporter, PEF investment committee member, Gratus managing partner, and Bsure board member, stated, “This is exactly the type of business solution needed in today’s rapidly changing and challenging environment. We are excited to support their journey and look forward to their success.”
The investment will be used to accelerate product development and strengthen it's sales and marketing team, enhancing growth in Norway and internationally.
About Bsure
Bsure improves user security while enabling licence cost savings. They assist businesses in prioritising the lifecycle management of licences, applications, and identities. It may seem difficult to manage all of this, but it doesn't have to be. It allows you to obtain the necessary overview in less than 30 minutes without disclosing any personal information to outside parties.
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