BotGuard, a Tallinn, Estonia-based cybersecurity software company, raised €12M in Series A funding.
The round was led by MMC Ventures. Existing investors Tera Ventures and Expeditions Fund also participated in the round, alongside prominent angel investors including Stefan Lindeberg.
The company intends to use the funds to further develop its technology, recruit tech development talent, and expand its sales and marketing teams as it continues to scale globally.
Founded in 2019 by Nik Rozenberg, CEO, and Denis Prochko, CTO, BotGuard is a global web traffic management company that enables businesses to manage good, bad, and neutral web traffic. Its proprietary technology selectively blocks negative traffic (malicious bots) and neutral traffic – which would…
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