Blackwall, an AI-driven cybersecurity and web infrastructure company, has successfully raised €45 million in a Series B funding round led by Dawn Capital.
Previously operating under the name Botguard, Blackwall has rapidly expanded its presence, now safeguarding over 2.3 million websites and applications against malicious automated threats. The company’s latest funding round, which includes participation from existing investor MMC, will fuel further expansion into the U.S. and APAC markets, as well as intensify product development.
Addressing the Growing Threat of Malicious Bots
With nearly 50% of global web traffic generated by bots, and a staggering 66% of that being harmful, small and medium-sized businesses (SMBs) often find themselves vulnerable. Unlike large enterprises that can invest in expensive in-house cybersecurity solutions, many SMBs rely on external partners to fortify their digital ecosystems.
A Strategic Partnership Approach
Blackwall collaborates with Hosting Service Providers (HSPs), Managed Service Providers (MSPs), and eCommerce platforms that manage thousands of websites. This approach ensures that SMBs receive enterprise-grade security without the complexity and high costs associated with traditional cybersecurity solutions.
Introducing GateKeeper: The Advanced AI-Driven Security Solution
Blackwall’s flagship product, GateKeeper, is an advanced reverse proxy that utilizes next-generation bot and attack detection mechanisms. By proxying requests, it effectively conceals servers from malicious bots and hacker attacks. This not only enhances security but also enables HSPs and MSPs to reduce operational expenses by up to 25%, while maximizing resource efficiency.
Fueling Global Expansion
With the new capital infusion, Blackwall aims to double its workforce and strengthen its footprint in key markets. The company also plans to expand its global channel partnerships, ensuring that SMBs worldwide can access top-tier security solutions.
Industry Leaders Weigh In
Nikita Rozenberg, Co-Founder & CEO of Blackwall, emphasized the importance of this funding, stating: “With Blackwall, we are elevating our mission to provide robust security infrastructure to SMBs that have long been overlooked. This investment allows us to scale globally and continue innovating for businesses that need it most.”
Norman Fiore, General Partner at Dawn Capital, remarked: “Blackwall has barely scratched the surface of its potential in the U.S. and APAC. Their technology is game-changing, and we are confident in their ability to redefine how SMBs access AI-powered security solutions.”
Looking Ahead
As AI-driven cyber threats become more sophisticated, companies like Blackwall play a crucial role in protecting businesses from digital attacks. With a clear vision and strong financial backing, Blackwall is set to revolutionize the cybersecurity landscape for SMBs worldwide.
To further understand how AI is reshaping the cybersecurity sector, explore developments like Zenity’s AI security expansion.
