What Securosys SA does

Securosys SA is a privately held Swiss cybersecurity company headquartered in Zurich that develops and sells Hardware Security Modules (HSMs) and cryptographic key management solutions for enterprise and regulated workloads. The company's product portfolio centers on the Primus HSM family (CyberVault X2, CyberVault Core E2, X-Series, E-Series, S-Series, and Blockchain variants), all certified to FIPS 140-2 Level 3 and Common Criteria EAL 4+. It is complemented by a cloud-delivered HSM-as-a-Service offering (CloudHSM) with four pricing tiers (Sandbox free trial, Economy at €749/month, Certified at €899/month, and Platinum with custom pricing) and data residency options in Switzerland, USA, Singapore, and Germany. Additional products include the CyberVault KMS, Post-Quantum Cryptography HSM, Transaction Security Broker REST API, Signature Activation Module for eIDAS compliance, Smart Key Attributes, Key Attestation, Securosys 365 Double Key Encryption for Microsoft 365, and a mobile Authorization App.

The company generates revenue through a mix of one-time HSM hardware sales, recurring CloudHSM subscriptions, professional services, and maintenance/support contracts. Distribution combines direct enterprise sales, a self-service cloud motion, and an ecosystem of 40+ technology partners including AWS, Microsoft Azure, HashiCorp, Keyfactor, Fortinet, CyberArk, and Fireblocks. Named anchor customers include SIX Interbank Clearing AG (operating the Swiss SIC payment system for the Swiss National Bank, with HSMs in use since 2016 and a 10-year contract extension), Ripple (institutional custody HSM integration, announced February 2026), Liminal Custody (co-developed Liminal HSM Vaults, March 2026), Crypto Storage AG, and Schleupen SE for energy-sector PKI. The company maintains a wholly owned German subsidiary, Securosys Germany GmbH, in Kaufbeuren for DACH market operations, and is led by co-founder/CEO Robert Rogenmoser and CTO Andreas Curiger.

Name

Securosys SA

Legal name

Securosys SA

Website

https://securosys.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Securosys SA is a privately held Swiss cybersecurity company that develops FIPS 140-2 Level 3 and Common Criteria EAL 4+ certified Hardware Security Modules, CloudHSM services, and cryptographic key management solutions for financial institutions, enterprises, and digital asset custodians.

Ownership category

akta.pro rank

Product category

Hardware Security Modules (HSM)

NAICS

Security Systems Services (except Locksmiths) (561621), Computer Systems Design and Related Services (54151), Other Computer Related Services (541519)

SIC

Computer Peripheral Equipment, Nec (3577), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Key Management, Encryption & Secrets Management (KMS/HSM/Vault) (HDABAHAG)

akta.pro secondary industries

Confidential Computing & Hardware-backed Protection (TEE/HSM) (HDADAFAJ), MPC / HSM / Key Management Infrastructure (FSADACAC), Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra) (FSAGAMAB), Key Management Infrastructure (HSMs, key vaults, MPC/TSS key mgmt, rotation) (FSAPACAE), Quantum-Safe PKI, Key Management & HSMs (HDAGAGAE)

Keywords

• Hardware security modules
• Cryptographic key management
• Cloud HSM services
• Enterprise data encryption
• Post-quantum cryptography

Headquarters

HQ city

Zürich

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Hardware Security Module Sales: Sale of physical HSM devices including Primus HSM CyberVault series (X2, E2, X-Series, E-Series, S-Series models). These are one-time hardware purchases with associated software licensing.
2. CloudHSM Subscription: Recurring subscription revenue from cloud-based HSM services offered in tiers: Sandbox (free), Economy (€749/month), Certified (€899/month), and Platinum (custom pricing). Includes production-grade key operations, backup and recovery, and policy-based authorization.
3. Professional Services: Implementation, training, and integration services including sandbox testing support, team training, and custom deployment assistance.
4. Maintenance and Support: Ongoing technical support including 24/7 support for higher tiers, firmware updates, and customer success management.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Securosys SA designs, manufactures, and sells Hardware Security Modules (HSMs) under the Primus brand and offers the cloud-based CloudHSM service for cryptographic key generation, storage, and management. Its portfolio includes the CyberVault Key Management System, the Transaction Security Broker REST API, post-quantum cryptography HSMs, and supporting modules for eIDAS-compliant signatures, Microsoft 365 encryption, container security, and mobile authorization.

Product overview

Securosys SA is a Swiss cybersecurity company specializing in Hardware Security Modules (HSMs) and cryptographic key management solutions. The product portfolio centers around the Primus HSM product family (CyberVault X2, CyberVault Core E2, X-Series, E-Series, S-Series, and Blockchain variants), complemented by the cloud-based CloudHSM service with four pricing tiers (Sandbox, Economy, Certified, Platinum). Key management is handled through the CyberVault Key Management System (KMS), while add-on modules include the Authorization App (mobile approval), Securosys 365 (Microsoft 365 encryption), VaultCode (container security), Decanus Terminal (critical infrastructure), Transaction Security Broker (REST API), Smart Key Attributes (policy control), Key Attestation, and Signature Activation Module (eIDAS compliance). The Post-Quantum Cryptography HSM variant provides quantum-resilient protection. All Primus HSMs are FIPS 140-2 Level 3 and Common Criteria EAL 4+ certified, with CloudHSM offering multi-jurisdiction data residency (Switzerland, USA, Singapore, Germany) for regulated enterprises.

Differentiator

Problem solved

Functional benefit

Brands

• Primus HSM: Hardware Security Module product line including X-Series, E-Series, and S-Series models with FIPS 140-2 Level 3 certification.
• CyberVault KMS
• CloudHSM
• Securosys Authorization App
• TSB
• Post-Quantum Cryptography HSM

Products and services

• Primus HSM CyberVault X2 High-performance Hardware Security Module (HSM) in the X2 form factor providing cryptographic key protection, encryption, and secure processing for enterprise security applications.
• Primus HSM CyberVault Core (E2) Entry-level Hardware Security Module in E2 form factor offering certified cryptographic key management and encryption capabilities for smaller-scale deployments.
• Primus HSM X-Series Extended HSM X-Series product line for enterprise cryptographic operations including key management, encryption, and secure signing across high-throughput environments.
• Primus HSM E-Series Enterprise HSM E-Series providing cryptographic services for standard business applications requiring secure key storage and processing.
• Primus HSM S-Series Specialized HSM S-Series designed for specific industry compliance requirements and secure cryptographic operations.
• Primus HSM Blockchain Specialized Hardware Security Module for blockchain and cryptocurrency applications providing secure key management for digital asset custody and blockchain transactions.
• Post-Quantum Cryptography HSM Hardware Security Module with hybrid cryptography supporting post-quantum cryptographic algorithms to protect against both classical and quantum computing threats.
• CyberVault Key Management System (KMS) Centralized key management system for enterprise-wide cryptographic key lifecycle management, policy enforcement, and secure key storage.
• Securosys CloudHSM Cloud-based Hardware Security Module (HSMaaS) providing hosted cryptographic key management with four service tiers: Sandbox (free trial), Economy (EUR 749/month), Certified (EUR 899/month), and Platinum (custom pricing); supports multi-region deployment in Switzerland, USA, Singapore, and Germany.
• Cloud Console Web-based management interface for Securosys CloudHSM services enabling subscription management, key operations, and service administration through a unified portal.
• Securosys Authorization App Mobile application for iOS and Android enabling secure authorization of cryptographic operations including signing, decrypting, unsealing, and key modifications from smartphones.
• Securosys 365 (S365 DKE) Double Key Encryption add-in for Microsoft 365 providing encryption key management for Microsoft productivity applications with customer-held keys.
• Securosys VaultCode Container security solution providing cryptographic protection and key management for containerized applications and workloads.
• Decanus Terminal Secure terminal device for cryptographic operations and Smart Meter PKI certificate management used in critical infrastructure and energy sector applications.
• Transaction Security Broker (TSB) REST API interface providing secure transaction signing and cryptographic operation brokerage for enterprise applications.
• Signature Activation Module (SAM) eIDAS-compliant signature activation module for qualified electronic signatures and seal creation in regulated industries.

Quantifiable outcome

• Secure Swiss payment transactions for 10 additional years under SIX Interbank Clearing AG contract
• +1 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration28 records

Feature11 records

Partnerships

Five partnerships are on record, tiered core and strategic.

• Liminal CustodycoreStrategic or Co-development Partner · 24 March 2026Securosys and Liminal Custody co-developed Liminal HSM Vaults, combining Liminal's MPC-based authorization protocol with Securosys FIPS 140-2 Level 3 certified HSMs. This institutional-grade security solution targets banks and enterprises seeking compliant cryptographic infrastructure for digital asset operations.
• RipplecoreTechnology or Integration · 9 February 2026Securosys partnered with Ripple to provide hardware security module capabilities for Ripple's cloud-based custody platform. Securosys supplies CyberVault HSM and CloudHSM technologies enabling institutions to deploy secure custody while reducing costs and procurement complexity. The partnership supports Ripple's expansion into institutional digital asset custody.
• SIX Interbank Clearing AGcoreStrategic or Co-development Partner · 1 January 2016Securosys has been commissioned by SIX Interbank Clearing AG (operator of the SIC payment system for the Swiss National Bank) to produce, supply, and support dedicated HSMs for Swiss payment transactions. HSMs have been in use since 2016 with a 10-year extension contract, offering enhanced performance and post-quantum cryptography protection.
• Schleupen SEstrategicStrategic or Co-development PartnerPartnership to secure Smart Meter PKI certificates for Germany's energy transition. Securosys HSMs and Decanus Terminal integrate with Schleupen's systems to encrypt and sign energy market messages, ensuring highest security and compliance with regulatory demands for critical infrastructure.
• Crypto Storage AGstrategicStrategic or Co-development PartnerCollaboration to redefine secure blockchain asset management for financial intermediaries. The partnership led to groundbreaking innovations including two patent applications and set new industry benchmarks for secure, tamper-proof transactions without compromising usability.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Thales: Thales (including its former Gemalto/Thales eSecurity business) is the global market leader in HSMs via the Luna HSM product line and competes with Securosys across payments, PKI, and digital-asset custody for regulated customers.
• Entrust: Entrust offers the nShield HSM family and a broad PKI/identity portfolio, competing with Securosys in enterprise and financial-services key management, code signing, and eIDAS-class digital signatures.
• AWS CloudHSM: AWS CloudHSM is a hyperscaler-native FIPS 140-2 Level 3 HSM service that competes with Securosys CloudHSM for cloud-resident key management workloads and is integrated into Securosys' own BYOK/XKS story.
• Google Cloud HSM / External Key Manager: Google Cloud's Cloud HSM and Cloud EKM offer FIPS-validated HSM-backed key management with external key management options, directly competing with Securosys CloudHSM in multi-cloud customer deployments.
• Microsoft Azure Dedicated HSM: Azure Dedicated HSM provides Thales Luna-powered HSMs in Azure, competing with Securosys' Azure BYOK integrations and CloudHSM for regulated Azure workloads and Microsoft 365 Double Key Encryption scenarios.
• IBM Cloud HSM: IBM Cloud HSM offers FIPS 140-2 Level 3-certified HSM services for IBM Cloud workloads, competing with Securosys CloudHSM for enterprise and regulated workloads, particularly in financial services.

Direct peers

• Utimaco: Utimaco is a Germany-based HSM specialist with a comparable product portfolio (general-purpose and payment HSMs), directly competing with Securosys in DACH, payments, and post-quantum cryptography offerings.
• Futurex: Futurex is a US-headquartered HSM and enterprise key management vendor targeting financial services, payments, and digital asset custody, with comparable FIPS-certified hardware and cloud HSM offerings.
• Cryptomathic: Cryptomathic is a European provider of key management and cryptographic infrastructure software, including HSM-orchestration layers, and competes with Securosys' CyberVault KMS and CloudHSM in banking and eIDAS deployments.

Emerging players

• Keyfactor: Keyfactor provides PKI, certificate lifecycle management, and EJBCA/SignServer products that integrate with Securosys HSMs today, but increasingly overlap as a complementary key-and-identity management platform for enterprise customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• GitHubgithub.com/securosys-com
• Xx.com/securosys
• Facebookfacebook.com/securosys
• LinkedInlinkedin.com/company/securosys

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Securosys SA