Blindspot Technologies, a Prague, Czech Republic-based cybersecurity startup specializing in advanced DDoS protection, has secured €1.4 million in seed funding.
SaaS Investors
The round was from Presto Ventures, Damir Spoljaric through his Gi21 fund and IT company Prozeta.
Presto Ventures is a Prague-based venture capital firm focusing on early-stage B2B software startups and online marketplaces from the wider CEE region. Founded in 2016, the firm invests in the pre-seed and seed stages.
Damil Spoljaric invested through his Gi21 fund, is an active investor in the hosting/cloud, VC, PE real estate, and hospitality industries.
Prozeta is a leading technology company operating mainly in EMEA and CIS regions and is a strategic partner of customers who treat their IT operations as business-critical.
Blindspot Technologies Use of Funds
The company will use the funds to scale up operations and enter new markets, particularly those vulnerable to cyber-attacks.
About Blindspot Technologies
Established in 2023 by David Cermak, Blindspot Technologies provides a cybersecurity solution that specializes in providing DDoS protection, along with Web Application and API security, tailored specifically for the B2B segment. The solution is deployable in two basic modes, it either constantly scrubs the traffic or scrubs it on demand in the moment of an attack. Blindspot’s mission is to empower businesses with proactive, effective, and accessible cybersecurity solutions, ensuring their networks remain resilient in an ever-changing threat landscape.
Funding Details
Company: Blindspot Technologies
Raised: €1.4M
Round: Seed Round
Funding Month: November 2023
Lead Investors: Presto Ventures, Damir Spoljaric through his Gi21 fund, and Prozeta
Additional Investors:
Company Website: https://www.blindspot.cloud/
Software Category: Cybersecurity
Source: https://www.eu-startups.com/2023/11/prague-based-blindspot-technologies-snaps-e1-4-million-to-become-leading-provider-of-ddos-protection/