July 2019 CYBERSECURITY Fyde raises €2M in funding round and reinforces Bright Pixel’s cybersecurity portfolio Fyde, a disruptive US startup with a Portuguese DNA that wants to revolutionize the way users remotely access to their company’s servers, just closed a €2M post-seed round co-led by top VC investors Draper Nexus and Vertex Ventures, and subscribed by Bright Pixel, Portugal Ventures and Wells Fargo. Forget the complex, traditional VPN access and concerns about data breaches – yours and your clients’. Fyde introduces an innovative solution that changes the current paradigm and bridges the inefficiencies in remote access, adapting to the companies’ hybrid - cloud and on-premise -, decentralized and increasingly complex architectures. By using Zero Trust Security model, Fyde’s software also assures that all users are trusted and have verified access to the server. After two years of product development, by an engineering team based in Oporto, with the support of...
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