Keystrike raises $1M pre-seed round

Keystrike raises $1M pre-seed round
Keystrike founders (l-r): Árni S. Pétursson, Valdimar Óskarsson, Ýmir Vigfússon, Steindór S. Guðmundsson, and Árni Þór Árnason

Keystrike, the Icelandic cybersecurity startup, has secured funding of $1 million led by Grófin Business Development, Investco, Arcus Invest and Lira, in addition to an international private investor from the cyber security sphere. The funding will fuel the expansion of Keystrike's sales and marketing efforts, particularly into the United States cybersecurity market.

“The innovative strides made by Keystrike are poised to elevate security standards in an increasingly challenging digital landscape,” remarks Halldór Ólafur Halldórsson, CEO of Grófin Business Development. “We believe Keystrike's fresh perspective will become an essential cybersecurity layer for institutions and companies that are critical to our systemic infrastructure, particularly government bodies, financial institutions, and key players in the energy and telecommunications sectors.”

Keystrike's technology performs real-time automated authentication of keystrokes to ensure they were typed by the person sitting at the workstation and not by a malicious actor who has hacked into the user's computer.

Keystrike’s first product, Sanctum Guard, is set to launch in early December and is already operating in several enterprises. The product is strategically designed to shield vital infrastructure and systems, particularly those susceptible to debilitating cyber attacks, and can be used by sectors as diverse as energy production, finance, manufacturing, and retail. “Our Sanctum Guard solution is essentially tailored for virtually any business vulnerable to cyber-attacks,” explains Valdimar Óskarsson, Keystrike's CEO.