Łódzkie-based company 1.security has raised a pre-seed funding round of $500,000 from German-Polish Sunfish Partners. The investment will enable its SaaS solution to enhance cybersecurity in Microsoft 365 environments. The company told AIN.Capital the details of the deal.
- Launched by Adam Żaczek and Mateusz Olek, 1.security offers the SaaS product that addresses the challenges in permission management. The solution works in environments related to OneDrive and SharePoint, undertaking the objects like groups, files, folders, and shared drives, as well as the complexities of managing internal and external collaborators.
- According to the company, its platform extends the capabilities of Microsoft 365 in areas like mitigating permission creep, improving visibility and control over access rights, and introducing collaborative tools.
- The product was developed in partnership with German cybersecurity firm CISOCON. Christian Matthies, co-founder of CISOCON, claims that the product is highly needed, making it easier to manage permissions and to ensure that only the right people have access to sensitive information.
https://ain.capital/2024/02/27/1-security-raises-500k-sunfish-partners/
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