Cakewalk Secures $3.37 Million in Funding to Empower Fast-Moving Companies with Streamlined Identity & Access Management Solutions
July 19, 2023
Berlin, Germany - Cakewalk, a leading software development company specializing in Identity & Access Management solutions, has successfully raised $3,371,000 in its latest funding round. The investment was led by prominent venture capital firms Possible Ventures, Fly Ventures, and Seedcamp, marking a significant milestone in the company's growth and expansion.
The recent funding round reaffirms Cakewalk's status as an innovative player in the software development industry, dedicated to providing cutting-edge solutions that empower businesses to take back control over the applications accessed by their employees.
Co-founded by visionary entrepreneur Johannes Keienburg, Cakewalk has established itself as a driving force in the IT & Security arena. Recognizing the increasing challenges faced by companies in managing and securing the plethora of software used by their workforce, Cakewalk introduced its flagship product - The easiest Identity & Access Management system.
"We are glad to have the support and trust of Possible Ventures, Fly Ventures, and Seedcamp as our esteemed investors," said Johannes Keienburg, Co-Founder of Cakewalk. "This funding will enable us to accelerate our mission of helping fast-moving companies across industries regain control and enhance security in their software access management, ultimately leading to more productive and secure work environments."