Device Authority Ltd announced that it has received ?2,186,399 in an equity round of funding co-led by returning investors Alsop Louie Partners, Tern Plc and new investor Venafi, Inc. on December 2, 2021. Venafi, Inc. has invested ?940,000 for an equity stake of 3.4%, Tern Plc has invested ?940,000 and will now hold 53.8% stake in the company, and the remaining ?306,399 is invested by existing shareholders, Alsop Louie Partners and a Samenuk Family Trust.