Cybersecurity firm Sixscape Communications raises S$2m from Tembusu fund

SIXSCAPE Communications, a homegrown developer of secure communication software for desktop and mobile devices, has raised S$2 million in funds from Tembusu ICT Fund I.

Tembusu ICT Fund I, a venture capital fund set up last year, focuses on promising early-stage software companies.

It is the only software-focused fund in Singapore and one of six funds chosen by the National Research Foundation (NRF) as part of the Early Stage Venture Fund II scheme, which promotes co-investment in local startups alongside capital invested by NRF.