Funding

SignPath funding news – Vienna-based SignPath has Raised €5Million in Series A Round Funding

Jan 8, 2025 | By Kailee Rainse

SignPath funding news - Vienna-based SignPath has Raised €5Million in Series A Round Funding

SignPath, a software company based in Vienna, has raised €5M in Series A funding. The company ensures code integrity from development to distribution.

TIN Capital, a cybersecurity investor from the Netherlands, backed the Austrian startup. This is their second investment from the European Cyber Tech Fund, which supports European cybersecurity startups.

It offers secure and automated code signing solutions to protect software supply chains and ensure compliance. SignPath serves clients in Europe and the US, including companies like Hitachi Energy, Airbus, and SolarWinds. Its platform easily integrates into CI/CD pipelines.

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The platform combines automated integrity checks with code signing to ensure software is authenticated, tamper-proof, and meets industry standards.

Founded in 2017 as Rubicon IT and operating independently since 2023, SignPath improves the security and trustworthiness of software for businesses of all sizes.

The €5M Series A investment from TIN Capital’s European Cyber Tech Fund will help SignPath expand its platform, boost its presence in Europe, and grow its US customer base.

Stefan Wenig, CEO and CTO of SignPath says, “This investment is a significant milestone for SignPath. As regulatory requirements like Executive Order 14028 in the US, the Cyber Resilience Act in the EU and sector-specific standards evolve, customers increasingly rely on us to ensure the integrity and quality of their software development and security processes. With TIN Capital’s support, we’re positioned to grow our team and scale operations to keep up with demand.”

Stephan Brack, CSO of SignPath, adds, “We are excited to work with the team at TIN Capital. Leveraging TIN Capital’s expertise and connections across the European cybersecurity ecosystem, on top of our existing network of customers, and strategic partners will open many doors to attract top talent and deliver on the envisaged growth over the coming two years.”

TIN Capital, founded in 1998, is a European cybersecurity investor. Since 2018, it has focused on improving cybersecurity through its Dutch Security TechFund.

In late 2023, TIN Capital launched the European Cyber Tech Fund V, which will close in April 2025. This fund supports European cybersecurity companies in A/B funding rounds. Its portfolio includes companies like Eye Security, BreachLock, EGERIE, and EclecticIQ.

Speaking about the investment in SignPath, Reinout vander Meûlen, Partner at TIN Capital, says, “We are strong believers in the necessity of robust cybersecurity solutions and the value of European pioneers like SignPath. Both governments and enterprises realise that software breaches have very nasty, far-reaching consequences for users and vendors alike. A single-minded focus on code vulnerabilities is no longer adequate to defend against professional cybercriminals or state actors. We see SignPath’s code signing and pipeline integrity solutions as an essential piece of the puzzle to ensure secure and resilient software supply chains,” .

About SignPath

SignPath offers advanced software and SaaS services that ensure code integrity from development to distribution. Our solution secures the entire software process, making sure every piece of code is authentic and untampered. It works as an automated process that connects to your existing development flow, ensuring only trusted code reaches your customers.

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