Oulu, Finland 11.11.2021 – SensorFu Oy, a cybersecurity company which protects companies’ critical information systems, has completed a 610,000EUR financing round to accelerate the company’s expansion into international markets. The investment round was led by Nordic Option Oy.
“SensorFu’s product is an exceptionally easy-to-deploy ‘smoke detector’ for critical information systems and networks and is based on the company’s founders’ years of experience of working at the forefront of cyber security and software vulnerabilities. SensorFu’s customer references are impressive and the strong positive customer feedback clearly indicates that the company’s product works and that it has direct and concrete benefits for customers, ”says Teemu Puumalainen, Investment Director at Nordic Option.
“The financing will enable a significant additional investment in international sales and customer service. We will be able to respond faster to demand by hiring security experts specializing in OT- and control systems, for example, and to have a stronger presence in several industries that are already interested in our products,” says Mikko Kenttälä, CEO of SensorFu.
SensorFu Oy is a Finnish cyber security company that manufactures automated information security solutions for companies to monitor the isolation and protection of critical networks. SensorFu’s customers in both Europe and the United States are united by the need to protect industrial control systems, automation networks, security camera systems, management networks and other critical network environments around the clock.
Nordic Option Oy is a private equity fund that invests in growth companies in northern Finland, whose main shareholders are Arvo Sijoitusosuuskunta, Partnera Oyj and the City of Oulu. The company aims to provide a northern alternative to enable the growth and internationalization of small and medium-sized businesses.
Additional information:
Mikko Kenttälä, President and CEO SensorFu Oy, mikko.kenttala@sensorfu.com, +358 40 801 9800
Teemu Puumalainen, Investment Director, Nordic Option Oy, teemu.puumalainen@nordicoption.fi, +358 40 631 8362