Tallinn-based BotGuard OÜ raises €12 million Series A advised by Metrix Partners to defend SMEs against malicious bot armies

BotGuard OÜ, an Estonia-founded cybersecurity software company that helps web hosting providers control traffic and protect their infrastructure from malicious threats, has secured a €12 million Series A funding round led by MMC Ventures. Metrix Partners advised the lead investor, MMC Ventures, in this round.

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 further develop its technology, recruit tech development talent, and expand its sales and marketing teams as it continues to scale globally.

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