It began in high school when Jim Jessup and Mateo Barraza met and became friends.
Little did they know at the time, their shared drive to create valuable products would bring them together as business partners years later.
After graduation, Jessup spent a decade in IT management and went on to establish his own managed service provider, Vancouver-based Affinity Managed Service.
Meanwhile, Barraza made a name for himself in software development, building products for brands such as Morgan Stanley, Verizon, and Fidelity.
One day Barraza stumbled upon a common pain point in one of his client’s businesses. He reached out to Jessup to discuss the concept.
In 2018, Quickpass Cybersecurity was launched to help MSPs manage privileged accounts, meet compliance requirements, and help address Canada’s cybersecurity shortfall.
This year, Quickpass rebranded to CyberQP following a $12 million capital raise from Arthur Ventures in April.
CyberQP is still dedicated to helping MSPs and their customers protect critical assets from cyber threats, integrating with several other services such as Microsoft Azure for maximum versatility.
“The ‘Quickpass Cybersecurity’ name took us far, but as our product evolved it stopped accurately portraying what we did,” stated Barraza last month. “Our new name helps clarify what we are here to do: help MSPs with Privileged Access Management.”
The funding from Arthur Ventures will be used to advance the company’s product and expand its market reach, according to a recent statement from the company.
“We are thrilled to have the continued support of Arthur Ventures and their confidence in our ability to help MSPs protect their customers,” said Barraza, who serves as chief executive officer of CyberQP. “This funding will help us continue to develop innovative solutions and provide top-tier security services to MSPs.”
The growing Vancouver company is also actively hiring for a variety of positions, including software engineers and sales roles.
CyberQP says it has protected more than one million credentials across more than 1,000 companies.
Leave a Reply