# Blackwall

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blackwall

- Industry: Software
- Headquarters: Tallinn, Estonia
- Website: www.botguard.net
- Total disclosed funding: $63M
- Latest round: Series B (Mar 12, 2025)
- Investors on record: 4

## About

Based in Tallinn, Estonia, and founded in 2019 by CEO Nik Rozenberg and CTO Denis Prochko, Botguard OU operates as a cybersecurity company that provides services to website protection against malicious bots, crawlers, scrapers, and hacker attacks. In March 2025, Blackwall raised EUR 45 million in series B funding led by new investor Dawn Capital, with participation from returning investor MMC Ventures. Botguard OU provides Instant website protection solutions, which provides security for website with a variety of features such as web traffic management, web application firewall, web content protection, maintaining software updates, bot signatures and attack vector database, integration support, and many more. The company offers gatekeeper cloud protection, which is a solution for protecting cloud web assets, data centers, and web clusters with a wide range of features such as mitigating DDoS attacks, scanning protection, distributing network traffic, DDoS Protection, Content Caching, and SSL management.  The company generates revenue based on subscription-model and charges EUR 5 monthly for single package. The firm charges EUR 20 monthly for medium package and EUR 80 monthly for high package. Botguard OU also charges EUR 200 monthly for top package. The company will use the March 2025 funding to double headcount and accelerate growth as the company expands further into the U.S. and APAC, and strengthens global channel partnerships.

## Funding rounds

- Series B, Mar 12, 2025, $49M — MMC Ventures, Dawn Capital
- Series A, Mar 13, 2024, $13M — MMC Ventures, Tera Ventures, Expeditions Fund
- Seed, Oct 13, 2020, $0.6M — Tera Ventures

## Investors

- Tera Ventures (https://capitalatlas.ai/funds/tera-ventures) — Seed, Series A
- MMC Ventures (https://capitalatlas.ai/funds/mmc-ventures) — Series A, Series B
- Expeditions Fund (https://capitalatlas.ai/funds/expeditions-fund) — Series A
- Dawn Capital (https://capitalatlas.ai/funds/dawn-capital) — Series B