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Tembusu ICT fund I fuels $1.4Mn in cybersecurity firm Sixscape

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Internet has revolutionized the way we interact, connect and work using online communication channels such as email, chat messaging and file transfer apps. Even though typically these mediums come with some form of security they still can be vulnerable to hacking and other cyber attacks. Singapore-based Sixscape specializes in next-generation secure communication solutions for consumers and businesses. Founded in 2016 by a Singaporean IT professional and an American technology entrepreneur, it offers software security tools for desktop and mobile devices.

The startup has secured $1.4 million in funding from Tembusu ICT Fund I, a software-focused venture capital fund managed by VC firm Tembusu Partners. Brijesh Pande, Managing Partner of ICT Fund I, commented,

Sixscape is a truly disruptive cryptography company, with authentication and encryption solutions that enable secure and scalable communications and transactions. Sixscape’s unique distributed PKI technology has the potential to make military-grade encryption and authentication possible for large-scale deployment in the IoT and 5G era.

Sixscape protects individual users’ identities by automating the Public Key Infrastructure process across multiple online channels. PKI is a set of roles, policies and procedures that enable users and computers to securely exchange data over the Internet and verify the identity of the other party. Without PKI, sensitive information can still be encrypted and exchanged, but there would be no assurance of the identity of the other party.

Sixscape apps’ instant messaging and file transfer functions use the same security protocol found in end-to-end secure email. With its technology, PKI can for the first time be fully automated for email, chat messaging and file transfer apps, ensuring a hassle-free and secure experience for users. Sixscape’s secure messaging apps are available for Windows desktops as well as Android and iOS.

Tembusu ICT Fund I is a venture capital fund established in 2015 which focuses on promising early-stage software companies. The software-focused fund was recently funded by Chinese billionaire Pang Shengdong to extend its reach across Southeast Asia and China. It is one of six funds selected by the National Research Foundation (NRF) as part of the Early Stage Venture Fund II scheme, which promotes co-investment in local startups alongside capital invested by NRF.

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