Press release | 4 November 2021

Outpost24 acquires Specops

Outpo Spec

Outpost24, an innovator in full stack cybersecurity assessment, today announced the acquisition of Specops Software, a leading provider of password management and user authentication solutions, as well as securing another SEK 50 million funding from Swedbank Robur and Alcur Fonder..

The Specops acquisition will further enhance Outpost24’s full stack security assessment offering and provide enterprises insight into specific user access to reduce cyber risk across the entire attack surface. Specops protects critical business data by blocking weak or compromised passwords and securing user authentication. Their automated solutions are natively integrated with Active Directory, making it easy to enforce password policy and prevent unauthorized access.

 

BACKGROUND 11

About Monterro 

Monterro is a hands-on growth investor. Our mission is to turn Nordic B2B software companies into market leaders – by contributing our time, experience, know-how, and networks. And yes, we provide capital too. We are previous founders, entrepreneurs, and executives who now support our portfolio companies in all aspects of growth.

And by investing our own capital, we are personally committed to our mutual success. Monterro is headquartered in Stockholm with offices in Oslo, Copenhagen, and our own software development centre in Hanoi. Learn more at monterro.com.

Press Contact

The growth excellence team

Gustav Lagercrantz

CEO and Portfolio Chair