Delft, The Netherlands, 16 November 2015
Riscure is continuously focusing on keeping up with the latest security trends in order to serve their customers with state-of-the-art services and tools. Over the past 10 years Riscure has succeeded in doing so by organic growth and without external investments.
Global acceptance of mobile devices, which are continuously connected, is one of the main drivers for the security business to grow and adapt at an increasing speed. To stay on top of the game for the coming years and to further strengthen its position as a fully independent specialist, Riscure enhanced its capital base. The transaction, led by the Management Team and Vortex Capital Partners, facilitates further autonomous growth at an accelerated pace, and supports strategic add-on opportunities when appropriate. An employee participation scheme was introduced as part of the transaction.
“I am extremely pleased with this enhancement for growth, being supported by the reputable, technology driven financial investor Vortex Capital Partners” says Marc Witteman, CEO and founder of Riscure. “I am confident that this enables Riscure to strengthen its leading role in device security testing. It allows us to continue serving our customers with excellence in services and tools.”
“We are proud that we can support Riscure in their goals and ambitions in the innovative business of security services and tools” says Evert Jan de Groot from Vortex Capital Partners. “Our expertise and resources are at Riscure’s disposal allowing them to further strengthen their market position as thought leaders in this field.”
Riscure is a globally recognized and independent security test laboratory with offices in Delft, The Netherlands and San Francisco, USA. Riscure is specialized in evaluating and testing the security of embedded and connected devices that are designed to operate securely in any environment and under all circumstances. Riscure offers these services in different markets such as content protection, conditional access, payment, telecoms and automotive. Besides that, Riscure develops and maintains security test tools. Inspector, Riscure’s side channel analysis and fault injection test tool is used by manufacturers and research labs to evaluate the resistance of chips against high attack potential. Additional information is available at www.riscure.com .
About Vortex Capital Partners
Vortex Capital Partners is a Dutch venture- and buyout capital firm with a focus on companies active in internet, software and technology enabled services. The team of Vortex Capital Partners is built around successful internet and software entrepreneurs and M&A professionals, aiming to support the entrepreneurs they invest in to accelerate the expansion of their businesses.