SecureKey Technologies secures Series C add-on

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By Ted Liu

SecureKey Technologies Inc., a leading provider of federated identity and authentication solutions, has raised $2.4 million in Series C add-on financing from one undisclosed Quebec investor, likely one of Quebec based financial institutions.

The new financing is an add-on to the $27 million Series C closed in October 2016 led by the five major banks and Desjardins.

Dentons Canada LLP is the legal counsel to SecureKey.

SecureKey’s investors include Bluesky Capital, Intel Capital, Rogers Venture Partners, TELUS Ventures, BMO, CIBC, RBC, Scotiabank, TD, Desjardins, Mastercard, Visa, Discovery.

photo credit: SecureKey Technologies