Secomea to receive strategic investment from GRO
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press release

June 29, 2021

Secomea A/S, a global provider of secure remote access industrial IoT solutions, today announced that GRO will become a new shareholder and provide further capital into the company to support the company’s product ambition and accelerate growth globally.

Krista Hein Lindahl

press@grocapital.dk

Copenhagen, Denmark – Secomea A/S (“Secomea” or the “Company”), a global provider of industrial secure remote access IoT solutions, today announced that GRO Capital A/S (“GRO”) has agreed to become new shareholders and provide further capital into the Company to accelerate growth.

GRO will support Secomea and its management team to accelerate overall growth and strengthen the SaaS offering towards manufacturers and machine builders.

Since the foundation in 2008, Secomea has built a strong product portfolio and has acquired more than 8,000 customers globally through direct sales and distributors via offices in Europe, the US and Asia. Secomea is currently growing significantly from increased adoption of secure remote access IoT technology for industrial use.

GRO enters as an investor at an important inflection point in the company’s journey as the demand for remote access and industrial IoT solutions intensifies as the need for secure, easy to deploy solutions for doing remote access in an increasingly complex IT and OT environment increases significantly.

CEO, Michael Ferdinandsen: “Our purpose is to unite machine builders and manufacturers to enable more effective support, enhanced service and increased uptime in a world with increasing machine complexity, combined with physical access constraints and elevated compliance demand. With the partnership with GRO, we will accelerate our journey in doing just that”.
Partner in GRO, Morten Weicher: “Enterprise OT infrastructures are becoming increasingly complex, and cybersecurity is now equally as important as safety and productivity. The market demand is accelerating and Secomea has the products to meet this demand. At the same time, we find our experiences within both IoT and cybersecurity software to be very applicable to support Secomea”.

For additional information, please contact:

GRO Capital
Morten Weicher, Partner
+45 2849 0603
mw@grocapital.dk

Secomea A/S
Michael Ferdinandsen, CEO & President
+45 4139 7175
mif@secomea.com

About Secomea

Secomea was founded in 2008 and is today a leading provider of remote maintenance IIoT solutions used by manufacturers, machine builders and integrators globally. Secomea is headquartered in Denmark with offices in the US, Japan and China, as well as a global network of distributors. Secomea has developed a turnkey solution that combines data collection and remote access in one simple and secure platform, enabling machine builders, system integrators and machine operators to perform all aspects of corrective, preventive and predictive maintenance.

By automating communication between equipment and operating systems, the Secomea solution meets the demands of Industry 4.0 and opens industrial solutions in all verticals to new possibilities.

For further information about Secomea please visit: www.secomea.com

About GRO

GRO is a leading North European private equity fund with an exclusive focus on mature B2B software and tech enabled companies with strong growth prospects. GRO serves as active owners developing portfolio companies with a view to create long-term value. The partners behind GRO have been investors in more than 25 technology and software related companies, and GRO has approximately EUR 430m in AUM.

For further information about GRO please visit: www.grocapital.dk and www.linkedin.com/company/gro-capital

We Invest in and Develop Outstanding Software Companies

PRESS RESPONSIBLE
Krista Hein Lindahl

press@grocapital.dk

LONDON

GRO, 12 Hay Hill
London W1J8NR
United Kingdom