Setterwalls has assisted VC-firm Meritech Capital Partners with investment of USD 25M in the security tech company Yubico

Meritech Capital Partners, a leading VC-firm based in Palo Alto has invested in the security tech company Yubico providing solutions to the largest internet companies in the world

Meritech Capital Partners, a leading Palo Alto VC-firm, has in a direct issue of shares in the security tech company Yubico AB made an investment of USD 25M for a company valuation of USD 600M. Yubico is specialised in security keys continues to grow, now having more than 230 employees based in seven countries. YubiKey is the authenticator of choice for more than 3,000 business customers including companies such as Google and Amazon, and has millions of users in more than 160 countries.