Estonia-based cybersecurity startup Blackwall, formerly known as BotGuard, has secured a €45 million Series B funding round led by Dawn Capital, with participation from existing investor MMC Ventures. Blackwall specializes in protecting small and medium-sized businesses (SMBs) from malicious online traffic, including threats like DDoS attacks and data scraping.
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Blackwall |
The company offers a reverse proxy solution called GateKeeper, which inspects and analyzes web traffic to identify and mitigate potential threats. The newly raised funds will be used to enhance Blackwall's product offerings and expand its global presence, aiming to provide SMBs with robust security solutions against evolving cyber threats.
This investment underscores the growing importance of cybersecurity for SMBs, which are increasingly targeted by sophisticated cyberattacks. Blackwall's solutions are designed to be user-friendly and automated, making enterprise-grade security accessible to smaller businesses without extensive IT resources.
By rebranding from BotGuard to Blackwall, the company reflects its broader mission to fortify digital defenses for businesses worldwide.