Cybersecurity startup watchTowr bags US$8M pre-series A co-led by Prosus Ventures, Vulcan Capital

Cybersecurity startup watchTowr bags US$8M pre-series A co-led by Prosus Ventures, Vulcan Capital

e27.co·2022-07-05 18:00

watchTowr Founder and CEO Benjamin Harris

Singapore-based cybersecurity startup watchTowr has announced an US$8 million pre-series A investment round co-led by Prosus Ventures and Vulcan Capital.

Its seed investor Wavemaker Partners also returned to join this round, bringing watchTowr’s total funding to US$10.25 million.

The startup raised US$2.25 million in November 2021 from Vulcan Capital and Wavemaker Partners.

watchTowr will use the new funds to improve its platform and seize growth opportunities arising from markets outside of Southeast Asia.

Launched in August 2021, watchTowr helps organisations understand and identify high-impact weaknesses in their cybersecurity defences. It provides organisations with a continuous, real-time view of their external attack surface through the eyes of a sophisticated attacker. This enables it to continuously identify vulnerabilities that would allow attackers to compromise an organisation.

Also Read: watchTowr can tell an organisation in real time if it can get compromised

By leveraging data analysis and interrogation within an agile technology framework, watchTowr codifies attacker tactics and techniques that mimic how real attackers break into organisations.

……

Read full article on e27.co

Singapore Technology Business Finance