Keeper Security has opened an Asia-Pacific (APAC) headquarters in Japan, reflecting increased global interest and investment in unified, zero-trust enterprise passwords, secrets and privileges management software.
Darren Guccione, CEO and co-founder of Keeper Security, indicated that the new sales and marketing operation, in Tokyo’s Minato district [pictured], was partly a response to consumer cybersecurity sector sales growth in APAC, including Japan and Australasia.
“There are over 130 million SMBs and home offices in the APAC region which are key targets for cybercriminal organisations,” Guccione said in the announcement.
US-based Keeper opened a datacentre in Japan in 2022.
Global growth equity firm Summit Partners in May inked a strategic private equity investment with Keeper. Summit Partners, working with existing investor Insight Partners, is expected to “further accelerate” the vendor’s worldwide innovation and expansion, the company said.
Len Ferrington, managing director at Summit Partners, said its interests had included security software for some 30 years. “We are impressed with the breadth of the Keeper product portfolio as well as the company’s growth,” Ferrington said in the announcement.
“While the current economic environment has led to a contraction in many areas of technology investment, the demand for secure and accessible cybersecurity solutions continues to accelerate.”
Keeper Security offerings include enterprise password management, secrets manager for devops and infrastructure security, dark web monitoring, secure file storage, single-sign on integration, compliance reporting and detailed event logging and more, according to the vendor.
The company claims to be one of the few cybersecurity platforms that uses a zero-knowledge security model, with a unique encryption and data segregation framework to protect against a remote data breach.