20th July 2017
Joining Shearwater was like a breath of fresh air
Steve Watts, Co-Founder of SecurEnvoy, now Sales and Marketing Director for the business as it joins the Shearwater Group tells us why he and Andy Kemshall founded the business and why this was the right time to become part of something bigger, for the team and customers:
Founding SecurEnvoy, “We thought there must be a better way…”
Andy and I were in IT security. We’d got to the point where we realised hardware token technology wasn’t going far enough, quickly enough. We thought there must be a better way. Rather than carrying around plastic tokens there had to be an alternative.
Andy had tried and tested the very first SMS to be sent with six numbers in real time replicating the concept of what you see on the token – but without a token.
We could see the future of tokenless and thought it was time to create a pioneering new British technology company that would be first to market.
Joining forces we started to develop two kinds of technology.
Tokenless – around the idea of proving your identity online using any device you carry around with you. When we were building this early in the 2000s, the internet and mobile phones were growing in popularity and we had the vision to see where we could take it.
And SecurMail – the concept of transferring information but not necessarily for remote access. This was so you could exchange information without any prior relationship between two parties and authenticate them to make sure the information was exchanged securely.
Our tokenless multi-factor authentication product, SecurAccess was accepted by the market. But at that time we were challenged to find a more robust and reliable method for delivery than SMS. One of the biggest challenges for companies is being in remote areas and not getting a signal. We listened and have now patented a product that does pre-loading. This means you’ve always got the code waiting on your device so you’re not stuck somewhere waiting to authenticate.
All the options we provide for authentication are ‘enterprise grade’, as it’s referred to in the US, or ‘business grade’ in Europe. It is 100% effective, because everyone authenticating needs to do so without delay; quickly and easily, every time.
We have customers across all sectors. We work with for companies of all sizes and provide a pricing structure for companies and organisations to find affordable. Some of our larger customers include: John Lewis and Waitrose, EE, Northumbrian Water, Travis Perkins, Save the Children and TATA. No sector is ignored nor is any type of organisation; from charities to publicly listed companies - we create solutions for all.
Our inventiveness sets us apart in the market. We really listen to customers. We develop a technology and put it out in Beta, then we listen so we can tailor it to what the business and industry needs. We address a marketplace that perhaps our competitors sometimes miss. We’ll patent the best of that technology that is fit for purpose and is absolutely secure.
Joining Shearwater Group, “the dynamic worked from day one…”
When we saw the opportunity with Shearwater it was like a breath of fresh air. We see authentication as the bedrock of security. The Shearwater concept going forward means our MFA technology will be the bedrock of digital resilience solutions across the Group.
There is honesty about the deal and everything that was offered up front is what was delivered at the end. That I think is a rarity in the marketplace. Two organisations with a common goal of stronger together, with a very similar ethos and honesty. The dynamic worked from day one.
Shearwater’s objective is to identify good, robust, innovative UK businesses with potential for growth. In SecurEnvoy they saw all those components: great team, innovative, and well positioned in the market. Another element Shearwater found attractive was our distribution channel model – everything was fit for purpose.
Now, we have the technology and the infrastructure to build a greater global business and the right environment to go and do it. We have already started to invest in and develop our products, grow our business opportunities, open new offices and expand out team. It is definitely the right move for our business, for our customers and channel partners. Great news all round!
30th June 2017
In June, SecurEnvoy exhibited their tokenless, multifactor authentication capabilities for the first time as a Shearwater Group plc company.
Attending InfoSecurity Europe (InfoSec) at London’s Olympia Exhibition Centre, Steve Watts, Co-Founder and Sales & Marketing Director of SecurEnvoy said:
“It’s great to be returning to InfoSec again, in now our ninth year at the show. With the added focus and investment by Shearwater there has been significant additional interest from customers and the InfoSec community.
As a leading vendor in this space, our partnership with Shearwater enables us to continue to invest in our market-leading multifactor offering, which provides our customers with enhanced protection at a time where their critical information assets remain under constant threat.”
InfoSec is Europe’s number one information security event featuring the most relevant information security solutions and products and has over 13,500 visitors.
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10 May 2017
Shearwater Group plc (the “Group” or the “Company”) welcomes SecurEnvoy, its partners and customers to the Group following the approval of the acquisition at the General Meeting of the Company’s shareholders held on the 8 May 2017.
SecurEnvoy is a leading UK based provider of multifactor authentication software solutions used by over 1,000 customers across five continents. It is an example of a great British business with a fantastic history of innovation under Andy Kemshall and Steve Watts’ stewardship.
Mo Stevens said: “Our objective is to identify good, robust, innovative UK businesses where we can see the potential for growth. When we looked at SecurEnvoy we saw all those components: great team, innovative, and well positioned in the market, and we are thrilled to be able to support the business on the next stage in its journey.”
Andy and Steve will continue to lead SecurEnvoy as a portfolio company within the Group and SecurEnvoy will be a key platform in supporting the Group’s strategy of providing digital resilience solutions.
More about SecurEnvoy can be found on their website at: www.securenvoy.com