Botguard raises €45 million Series B led by Dawn Capital; rebrands to Blackwall

Whats Happening:

Blackwall, formerly known as Botguard, has secured a €45 million Series B funding round led by Dawn Capital, with participation from existing investors MMC. The fund, which provides AI-enabled security and web infrastructure solutions, will use the capital to double its headcount and accelerate growth in the U.S. and APAC markets, while also investing in product development.

Key Moves:

• Blackwall raises €45 million in Series B funding led by Dawn Capital

• The fund plans to double its headcount and expand further in the U.S. and APAC markets

• Blackwall will invest in intense product development to enhance its offerings

By The Numbers:

• Blackwall is deployed across 2.3M+ websites and applications

• 50% of all global web traffic stems from bots, 66% of which is malicious

• SMBs are subject to 43% of all cyber attacks

Key Quotes:

• "With Blackwall, we are taking our mission to the next level—delivering gold-standard infrastructure protection to SMBs that have traditionally been overlooked," - Nikita Rozenberg, Co-Founder & CEO

• "Blackwall has only scratched the surface of the expansive opportunity in North America and APAC, and we are confident that the company is uniquely positioned to transform how SMBs access advanced security solutions," - Norman Fiore, General Partner, Dawn Capital

Bottom Line:

Blackwall's €45 million Series B funding round positions the fund for significant growth in the AI-enabled security and web infrastructure market. By focusing on SMBs through partnerships with hosting and service providers, Blackwall aims to address a critical gap in cybersecurity protection for smaller businesses, particularly in the U.S. and APAC regions.

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