Right-Hand pulls in $1m seed round led by Atlas Ventures

Cybersecurity startup Right-Hand has reportedly raised $1m in its seed funding stage which was led by Atlas Ventures.

Other contributions came from SGInnovate and Entrepreneur First, according to a number of reports in the media.

The Singapore-based company has earmarked the fresh funds to accelerate its product development.

Right-Hand supplies a real-time service to monitor, measure and mitigate employee induced cyber risks. The company offers training which educates employees on cyber awareness essentials, leveraging gamification and customised modules which teaches them safe online practice.

To help staff understand attacks, Right-Hand sends simulated attacks to a company which analyses the behaviour of employees and how they handle the situation.

Last year, fellow cybersecurity training platform Immersive Labs scored $40m in its Series B round. The UK-based company helps businesses train employees through simulated scenarios, with leaderboards to show which staff are better at handling risks.

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