Blackwall has unveiled a €45m Series B financing round led by Dawn Capital, a prominent B2B investor in Europe.
The funding round saw contributions from existing investors including MMC. This investment will primarily be used to double Blackwall’s workforce and accelerate its expansion into the U.S. and Asia-Pacific regions, while also strengthening its global channel partnerships.
At its core, Blackwall is dedicated to defending web ecosystems from malicious automated threats, a pressing issue given that around 50% of all global web traffic originates from bots, with two-thirds being harmful. The company’s services are crucial for SMBs, which are targeted by 43% of all cyberattacks.
Blackwall’s flagship product, GateKeeper, is an advanced reverse proxy solution enhanced with cutting-edge bot and attack detection technologies. This system is designed to conceal servers from malicious entities, enabling Hosting Service Providers (HSPs) and Managed Service Providers (MSPs) to cut operational costs by up to 25% while maximizing the performance and security of their server farms. This capability not only protects millions of SMBs worldwide but also aids HSPs and MSPs in scaling their revenue through value-added security services that attract new customers and generate ongoing revenue streams.
Norman Fiore, general partner at Dawn Capital, remarked: “It is rare to see a business targeting SMBs which has such a broad offer, of which each component is best of breed. Blackwall’s innovative technology provides exactly that.”
Nikita Rozenberg noted: “With Blackwall, we are taking our mission to the next level—delivering gold-standard infrastructure protection to SMBs that have traditionally been overlooked. This funding enables us to scale globally and continue innovating for the businesses that need it most.”
Mina Samaan, general partner at MMC Ventures, added: “We have been impressed by Nik and Denis’s vision and execution from the start and we’re excited to back them again in this latest funding round. 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. With the rise of AI-driven threats, Blackwall’s products have never been more essential, and we believe it will become a leading force protecting against bots and other digital threats.”
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