BotGuard OÜ, an Estonia-founded cybersecurity software company has secured a €12 million
Series A funding round. The company helps web hosting providers control traffic and protect their infrastructure from malicious threats.
The funding is led by MMC Ventures. Existing investors Tera Ventures, and Expeditions Fund also
participated in the round, alongside prominent angel investors including Stefan Lindeberg.
This latest investment will enable the business to develop its technology further, recruit tech
development talent, and expand its sales and marketing teams as it continues to scale globally.
https://tech.eu/2024/03/13/estonian-startup-botguard-ou-raises-eur12m-for-web-traffic-control/
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