Blackwall Secures £37.8M to Enhance Cybersecurity Solutions
Unlocking a Safer Digital Future: Blackwall Secures €45M in Series B Funding
In an era where cybersecurity threats are rapidly evolving, Blackwall (formerly Botguard) stands at the forefront of innovation, championing the protection of web ecosystems. The London-based AI-enabled security firm recently announced the successful closure of a staggering €45 million (approximately £37,830,000) in a Series B funding round. With Dawn Capital leading the investment alongside existing backers MMC Ventures, this financial boost marks a pivotal moment for the company, fueling its ambitions for aggressive growth and expansion.
Founded in 2019 by tech visionaries Nikita Rozenberg (CEO) and Denis Prochko (CTO), Blackwall is on a mission to deliver robust security solutions against automated threats.
The company’s flagship product, GateKeeper, currently secures over 2.3 million websites and applications, proving indispensable for over 100 service and hosting partners worldwide. With the newfound capital, Blackwall plans to significantly increase its headcount and bolster its presence in the U.S. and APAC regions, which are critical markets for cybersecurity infrastructure investment.
Blackwall's success hinges on strategic partnerships with Hosting Service Providers (HSPs), Managed Service Providers (MSPs), and eCommerce platforms that collectively manage vast numbers of websites. By empowering these partners, Blackwall not only enhances their operational efficiency but also protects their small to medium-sized business (SMB) clientele from emerging digital risks. As startup founders and investors seek opportunities that promise sustainable growth, Blackwall stands out as a beacon of innovation that emphasizes simplicity, affordability, and scalability in a market that demands nothing less. Investing in Blackwall means being part of a transformative journey towards a secure digital landscape.
Key Terms Explained
- Series B Funding
- This refers to the second round of financing for a startup which comes from private equity investors and venture capitalists. The round typically happens when the startup has achieved certain milestones in developing its business and showing good market traction.
- Cybersecurity
- This is the practice of protecting systems, networks, and programs from digital attacks. It aims to shield these platforms from any form of unauthorized access, change or destruction, and focuses on maintaining the integrity and confidentiality of data.
- Strategic Partnerships
- These are mutually beneficial agreements between two businesses to work together towards a common goal. For startups, strategic partnerships usually pave the way for business growth, resource sharing, and risk division.
Frequently Asked Questions
- How much did Blackwall secure in its Series B funding round?-Blackwall secured €45 million (approximately £37,830,000) in a Series B funding round.
- Who led the investment in Blackwall's Series B funding?+
- What will Blackwall do with its newfound capital?+
- Who are the founders of Blackwall?+
- How does Blackwall's flagship product, GateKeeper, contribute to the cybersecurity landscape?+
They've invested in Botguard
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