watchTowr, a Singapore-based cybersecurity startup, raised US$8 million in pre-series A funding.
The round was co-led by Prosus Ventures and Vulcan Capital with participation from Wavemaker Partners.
The company will use the additional funds to continue enhancing the technology that underpins its proprietary platform and to seize growth opportunities that are arising from markets outside of Southeast Asia.
Led by Benjamin Harris, CEO, watchTowr provides organizations with a continuous, real-time view of their external attack surface – through the eyes of a sophisticated attacker. By leveraging data analysis and interrogation within an agile technology framework, it codifies attacker tactics and techniques that mimics how real attackers break into organisations, continuously.
Since November 2021, watchTowr has proven its technology, identifying high-impact and critical weaknesses across organisations such as the world’s leading banks, financial services, insurance companies (BFSI), as well as ecommerce and technology brands, at scale – before attackers could exploit them.
The company expects its Series A round to take place in 2023.
FinSMEs
05/07/2022