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HomeTechnologyDutch cybersecurity firm iSecurity raises $39 million for European growth

Dutch cybersecurity firm iSecurity raises $39 million for European growth


Dutch cybersecurity startup Eye Security BV has raised $3,600 in new funding to strengthen its presence in European markets akin to Belgium, Germany and the Netherlands, and increase to different European nations by 2024. The firm raised 1 million euros ($39.34 million).

Founded in 2020 by former Dutch intelligence and safety providers professionals, Eye Security offers enterprise-grade cyber safety, incident response, and cyber insurance coverage to midsize companies. The firm’s platform is touted to supply “high-end safety in a single easy package deal,” providing 24/7 monitoring, fast assault response, and accessible insurance coverage. “Every enterprise wants the perfect safety, so we provide enterprise-grade safety at non-enterprise costs.”

Edge Security’s options can combine together with your present infrastructure to determine weaknesses, present actionable insights, and supply fast human incident response capabilities. The firm additionally helps firms adjust to European Union laws, such because the latest requirement that firms submit a strict cybersecurity breach reporting schedule.

Key options embrace a median integration time of two hours, entry to a 24/7 safety crew, a median response time of 4 minutes, and no e mail directions or name middle required. The firm offers professional human intervention. On the insurance coverage facet, Eye Security offers quotes inside days quite than weeks via its complete dealer community, and claims it has 80% fewer questions throughout software.

Eye Security has skilled important development and has a whole bunch of consumers throughout the automotive, monetary providers, healthcare, data expertise and manufacturing sectors.

“In immediately’s local weather of ever-present cyber threats, firms usually wrestle to seek out dependable cyber insurance coverage,” mentioned Tom, CEO of EyeSecurity and former director of the Dutch intelligence company National Communications Security Agency. Director Job Kuypers mentioned: assertion. “Eye Security addresses this problem straight. We have developed a scalable platform that not solely strengthens an enterprise’s defenses in opposition to cyber threats, but in addition offers insurance coverage shortly. Our complete method means you’re absolutely protected against cyber dangers.”

JP Morgan Growth Equity Partners LLC led the Series B spherical, with participation from present traders Bessemer Venture Partners LP and TIN Capital LLC. Including the brand new funding, Eye Security has raised $62 million to this point.

Photo: Eye Security

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