What is Yubico?
Founded in 2007, Yubico has established itself as a global leader in setting standards for secure access across a wide range of digital platforms, including computers, mobile devices, servers, browsers, and online accounts. The company is instrumental in the development and contribution to open authentication standards such as FIDO2, WebAuthn, and FIDO Universal 2nd Factor (U2F). Yubico is at the forefront of delivering scalable, hardware-based passkey authentication security, addressing the critical need for robust protection against cyber threats in today's interconnected digital environment.
How much funding has Yubico raised?
Yubico has raised a total of $30M across 1 funding round:
Private Equity
$30M
Private Equity (2017): $30M with participation from Valley Fund, Bure Equity AB, and New Enterprise Associates
Key Investors in Yubico
Valley Fund
The Valley Fund is a business and finance news site that provides insights into various economic topics, including global economy trends, investment strategies, and cryptocurrency regulations. It aims to inform its audience about the implications of remote work, inflation impacts on small businesses, and the latest developments in financial markets. The intended clients include investors, business owners, and individuals interested in understanding economic dynamics and making informed financial decisions. Through its articles, The Valley Fund seeks to equip readers with knowledge to navigate the evolving financial landscape.
Bure Equity AB
Bure Equity AB is an investment company that actively develops a diversified portfolio of professionally managed businesses, aiming to create value and returns for its shareholders. With a strong commitment and presence in its portfolio companies, Bure focuses on fostering sustainable development and raising awareness of sustainability issues. The company has been listed on Nasdaq Stockholm since 1993 and has a history of long-term involvement in various sectors. Its portfolio includes companies in fields such as automated connection systems, cybersecurity, and advanced medical solutions.
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California. New Enterprise Associates(NEA) is a venture capital firm focused on helping entrepreneurs build businesses.
What's next for Yubico?
With its history of major enterprise-level funding, Yubico is poised for continued expansion and innovation in the cybersecurity sector. The company's focus on hardware-based security and its role in shaping open authentication standards suggest a strategic direction towards broader adoption of passkey solutions. Future investments will likely fuel further research and development, enhancing its product portfolio and strengthening its market position against evolving security challenges. Yubico's commitment to secure access at scale indicates a trajectory focused on enterprise-grade security and widespread integration.
See full Yubico company page
