Austrian software and SaaS provider SignPath has raised €5M in a Series A funding round to solidify its position in securing software supply chains. The Vienna-based company, known for its automated code signing solutions, aims to address the growing demand for safeguarding software integrity from development to distribution. This funding will also help support regulatory compliance in both the European and U.S. markets, where software security requirements are becoming increasingly stringent. The investment comes at a critical time when organizations face heightened risks from cyberattacks targeting vulnerabilities in the software lifecycle.
What makes this investment significant?
This funding round was led by TIN Capital, a Netherlands-based investor specializing in cybersecurity, through its European Cyber Tech Fund. TIN Capital has emphasized the importance of robust solutions to counteract threats posed by cybercriminals and state actors. SignPath’s platform integrates seamlessly into CI/CD pipelines, combining automated integrity checks and code signing mechanisms to ensure software authenticity and tamper-proofing. The company, founded in 2017 and operating independently since 2023, currently serves major clients such as Airbus, Hitachi Energy, and SolarWinds.
How will the funds be used?
With the newly secured €5M, SignPath plans to expand its platform, grow its European market presence, and further penetrate the U.S. market. Additionally, the funding will enable the company to scale its operations and maintain its focus on providing security solutions that meet evolving regulatory standards like the Cyber Resilience Act in the EU and Executive Order 14028 in the U.S. The company’s leadership underscored the necessity for robust software integrity measures, particularly as corporate and governmental entities increasingly rely on such safeguards.
Stefan Wenig, CEO and CTO of SignPath, stated,
“This investment is a significant milestone for SignPath. As regulatory requirements evolve, customers increasingly rely on us to ensure the integrity and quality of their software development and security processes.”
Similarly, Stephan Brack, CSO of SignPath, emphasized,
“Leveraging TIN Capital’s expertise and connections will open many doors to attract top talent and deliver on the envisaged growth over the coming two years.”
The funding aligns with TIN Capital’s broader focus on supporting European cybersecurity startups and scale-ups. Established in 1998, TIN Capital has made impactful investments in firms like Eye Security and BreachLock, and its latest European Cyber Tech Fund V is set to close by April 2025.
Partner at TIN Capital, Reinout vander Meûlen, highlighted the strategic importance of SignPath’s offerings, stating,
“We see SignPath’s code signing and pipeline integrity solutions as an essential piece of the puzzle to ensure secure and resilient software supply chains.”
A broader review of cybersecurity funding suggests a growing trend where investors prioritize firms that secure the foundational layers of software development. While traditional cybersecurity measures often focus on endpoint protection and vulnerability scanning, platforms like SignPath address critical gaps in the software lifecycle, particularly in areas subject to stricter regulatory scrutiny. The company has steadily gained attention since its inception, reflecting the rising importance of secure CI/CD processes.
The €5M investment reflects a broader acknowledgment of the growing complexity of software supply chain security. As regulatory frameworks tighten and cybersecurity threats evolve, companies like SignPath are positioned to play a pivotal role in addressing these challenges. While the funding primarily focuses on expanding market reach and scaling operations, it also underscores the increasing collaboration between cybersecurity firms and investors committed to strengthening digital resilience.
