Blackwall Raises €45M in Series B Funding to Boost Cybersecurity for SMBs
Blackwall has recently announced a significant €45 million Series B funding round, primarily aimed at expanding its operations and bolstering its workforce. This investment, led by Dawn Capital, a leading B2B investor in Europe, will enable Blackwall to enhance its presence in the U.S. and Asia-Pacific markets while strengthening its global channel partnerships.
Investment Details
The latest funding round saw contributions from existing investors, including MMC Ventures. This influx of capital will allow Blackwall to:
- Double its workforce
- Accelerate international expansion
- Enhance global partnerships
Blackwall’s Mission to Protect Web Ecosystems
At the heart of Blackwall’s operations is a commitment to defending web ecosystems against malicious automated threats. With approximately 50% of all global web traffic generated by bots, and two-thirds of that being harmful, the need for robust cybersecurity solutions has never been more critical. In fact, 43% of all cyberattacks target small and medium-sized businesses (SMBs), making Blackwall’s services essential for their protection.
Blackwall’s Flagship Product: GateKeeper
Blackwall’s primary offering, GateKeeper, is an advanced reverse proxy solution equipped with state-of-the-art bot and attack detection technologies. This innovative system is designed to:
- Conceal servers from malicious entities
- Reduce operational costs for Hosting Service Providers (HSPs) and Managed Service Providers (MSPs) by up to 25%
- Enhance the performance and security of server farms
By protecting millions of SMBs globally, GateKeeper also helps HSPs and MSPs scale their revenues through value-added security services, attracting new customers and generating ongoing revenue streams.
Investor Insights
Norman Fiore, a general partner at Dawn Capital, emphasized the uniqueness of Blackwall’s approach, stating, “It is rare to see a business targeting SMBs which has such a broad offer, with each component being best of breed. Blackwall’s innovative technology provides exactly that.”
Nikita Rozenberg, co-founder of Blackwall, expressed excitement about the funding, noting, “This funding enables us to scale globally and continue innovating for the businesses that need it most.”
Mina Samaan, general partner at MMC Ventures, echoed this sentiment, stating, “Blackwall’s approach—tackling malicious and useless traffic at the infrastructure layer—addresses a critical gap in the market, providing much-needed protection to hosting providers and smaller businesses.”
Conclusion
With the rise of AI-driven threats, Blackwall’s products are becoming increasingly essential in the fight against digital attacks. As they continue to innovate and expand, their impact on the cybersecurity landscape for SMBs will likely grow.
For more information about Blackwall and its innovative solutions, visit their official website at Blackwall.com.