Jetstack, OpenCredo and Cygnacom are the first three recipients of cash from the cybersecurity technology producer's Machine Identity Protection Development Fund.
US-based cybersecurity software provider Venafi has unveiled the first three investments out of its $12.5m Machine Identity Protection Development Fund.
The fund will invest in a range of stakeholders within the cybersecurity space, including startups, open-source developers, cybersecurity vendors, consultants and systems integrators. It has not revealed how much it supplied for each company.
The fund was announced last month alongside a $100m round for Venafi. The first $12.5m tranche of the fund provides developers with direct sponsorship from…