Guardz, a cybersecurity firm aiming to create a safer world for SMEs, has launched from stealth and landed $10m in seed financing.
The round was led by Hanaco Ventures and saw participation from Cyverse Capital, GKFF Ventures and iAngels.
The Guardz platform is purpose-built to provide real-time cybersecurity protection and insurance for small companies, many of whom sit in high-risk industries possessing sensitive data, such as law, healthcare, financial services, retail, and more.
Guardz claim the solution propels businesses from zero or low cyber protection to comprehensive security, defending against the top attack vectors including: cloud applications, web browsing, cyber awareness, devices, emails, and compromised data.
The Guardz platform automatically monitors a company’s external and internal digital footprint to continuously analyse cybersecurity risks and remediate threats at the click of a button from one dashboard.
Guardz also makes cyber insurance accessible to small businesses who were previously ineligible due to a lack of comprehensive cybersecurity protection.
The funding will allow the company to expand its product, develop its cyber insurance line of business, and scale its go-to-market distribution channels.
Guardz CEO and co-founder Dor Eisner said, “Hackers are acutely aware of small businesses’ cyber vulnerabilities; nowadays, it’s not a matter of if they’ll be targeted, but when. Our complete solution helps companies with lean IT, as well as MSPs, to combat these rising threats, and we’ve already witnessed tremendous results with the hundreds of small businesses currently secured by Guardz.
“We have worked tirelessly to create a solution that not only impacts the security and longevity of businesses, but helps protect the ecosystem at large, and we are eager to continue developing our offering to secure further companies across the globe.”
Security firm Gem Security has recently emerged from a period of stealth, launching its Cloud TDIR platform and landing $11m in seed funding.
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Copyright © 2018 RegTech Analyst
