Amsterdam’s Smartlockr bags funds from Round2 Capital, others to help organisations with data security

Amsterdam-based Smartlockr, a data security company, announced on Thursday, February 23, that it has raised an undisclosed funding amount from Round2 Capital, NextGen Ventures 2, and the Security of Things Fund.  

Smartlockr says it will use the funds to grow internationally and accelerate innovation. 

“We’re thrilled to have secured this investment round,” says Smartlockr CEO Hans de Graaf. “Round2 is our first foreign investor, which will help us grow internationally. It will also help us to keep and even extend our leading technological position in the field of data and email security.”

Smartlockr: Addresses human error communication

In this digital era, secure communication is paramount for all organisations that exchange sensitive data, such as governments, healthcare providers, and legal and financial businesses.

Founded by Hans de Graaf and Roham Rahimi, Smartlockr specialises in data and email security and aims to address the challenge of human error in communication, which is the main cause of preventable data breaches worldwide. 

The Dutch company provides an easy-to-use platform for organisations to prevent data leaks of sensitive information. 

Smartlockr says its solution can be customised to suit the needs of any organisation.

“Smartlockr makes the users become the strongest asset in preventing data breaches thanks to our user-friendly approach,” De Graaf says. 

“To guarantee this user-centric approach, companies can customise how Smartlockr works for them, as a background service or as an interactive plug-in. And the users won’t experience a big change in how they are currently working, so Smartlockr has a huge adoption rate which results in a massive decrease in the number of data leaks,” adds De Graaf. 

Numerous large healthcare companies, government agencies, and private companies in the Benelux and the Nordics are already using Smartlockr’s solution, claims the company. 

Round2 Capital: Revenue-based finance

Round2 Capital is a European investment firm with €115M under management. 

Since its founding in 2017, Round2 Capital has been pioneering revenue-based finance in Europe, and is active in several European countries, with a focus on Germany, Switzerland, Austria, and the Nordic countries. 

To date, Round2 Capital has invested in more than 26 different companies.

Stefan Nagel, Managing Partner at Round2 says, “We are looking for fast-growing, well-managed software companies with a B2B offering. Supporting solutions in the cybersecurity space is one of our focus areas, as we believe this to be one of the key challenges in the digital space going forward.”

“Any user-centric security solution depends on compliance, which in turn is predicated on usability. Based on this, we see large potential for the Smartlockr product in the space and are eager to join forces with the company to the next steps for their next growth phase,” says Nagel.