Our Southeast Asia team have recently advised Singapore-based cybersecurity startup Right-Hand Cybersecurity on its US$1 million seed round. The company provides a SaaS solution that helps companies monitor, measure, and mitigate the cybersecurity risk of their employees. The round was led by local early-stage VC fund Atlas Ventures, with Singapore Government backed SGInnovate and venture builder Entrepreneur First also participating in the round.

Right-Hand’s CEO, Theo Nasser, says, ‘We greatly appreciate Kindrik Partners’ responsiveness and diligence to help us close our seed round. Fundraising is a time consuming, yet integral, process for founders, so having strong legal partners like Kindrik Partners to ease that process adds a lot of value.’

The company intends to use the funding for product development and to expand its engineering, research, and data science teams.

Right-Hand is another great example of the momentum in this space and of the increasing interest from investors and founders in Singapore as Singapore builds its profile as an emerging cybersecurity hub.