Ironchip collects €1m from the VC firms Inveready and Easo Ventures

Cybersecurity startup Ironchip is set to grow internationally after securing €1m in a new round from Inveready and Easo Ventures.

The Spanish venture provides a location-based authentication solution. It was founded d in 2017 by a team of two telecommunications engineers who began by developing a secure investment platform for an American broker. They now have a staff of eight technology experts, who create innovative security solutions based on their technology.

“This round is the decisive financial boost necessary for our international expansion strategy,” said Jose Fernando Gómez, founder and CEO of Ironchip, according to Spri. “Our objective: to strengthen our position in those sectors where guaranteeing the identity of operators has become a mandatory task.”

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