Guardz Raises $18M Series A to Empower MSPs to Secure and Insure Small Businesses From Growing Cyber Attacks
TEL AVIV, Israel, Dec. 13, 2023 /PRNewswire/ -- Guardz, the cybersecurity company securing and insuring small businesses, today announced that it has raised an $18M Series A round led by Glilot+, the early growth fund of Glilot Capital Partners. Guardz's existing investors Hanaco Ventures, iAngels, and GKFF Ventures participated in the oversubscribed round and were joined by new investors ClearSky. The investment comes less than a year after Guardz launched with $10M in seed funding, bringing its total funding to date to $28M.
- Since emerging from stealth, Guardz has achieved product-market fit, optimizing its holistic cybersecurity offering for the Managed Service Providers (MSPs) who serve small businesses.
- In less than a year, Guardz has experienced rapid growth, partnering with hundreds of MSPs and securing thousands of the businesses they manage in the US and Europe.
- Small businesses, which serve as the backbone of the US economy, are increasingly targeted by cybersecurity attacks.
- "We are proud to enable our MSP partners to ensure not only small businesses' cybersecurity posture, but also the longevity of their businesses.