BMH BRÄUTIGAM advises Secfix on € 3.5 million seed financing round
BMH BRÄUTIGAM has advised Berlin-based cybersecurity startup Secfix in a €3.6 million oversubscribed seed funding round.
The round is led by Octopus Ventures with participation from Neosfer, which belongs to Commerzbank, and the founders of Signavio and Blair (YC S19), as well as existing investors and serial entrepreneurs and comes just a year after the company started with their security compliance and automation platform.
Secfix is automating everything small and medium-sized businesses need to set up their IT security, meet the highest levels of compliance and get certified in the security standards they need to meet - ISO 27001, TISAX, GDPR and SOC 2.
The funds raised in the seed round will be used to accelerate Secfix's expansion in Europe, boost product growth, and expand customer support, with a focus on expanding their tool integration offering and increasing the platform’s level of automation.
Background: In addition to investors, BMH BRÄUTIGAM also regularly advises emerging startups on financing rounds. The team of BMH BRÄUTIGAM advises the founding team of Secfix for the first time. We are pleased to continue to accompany Secfix on its growth course after the financing round.
Team BMH BRÄUTIGAM: Dr. Alexander Wulff, Maximilian Frink (both Venture Capital)