Cybersprint raises € 2M in series A funding to further fuel its rapid growth
PRESS RELEASE The Hague, 27 November 2018 – Dutch cyber security company Cybersprint has raised € 2M in a Series A Funding round. The financing is provided by lead-investor Vortex Capital Partners, returning investor InnovationQuarter, and KPN Ventures. Cybersprint will invest the funds to keep developing its product portfolio and team, and continue its expansion throughout Europe.
Cybersprint is growing rapidly and has gained a leading position in Digital Risk Protection in the Benelux market over the past two years.
Pieter Jansen, CEO and founder of Cybersprint: “With this investment, we can fuel our rapid growth and further expand our team and business into the European market. Companies and governmental organisations are increasingly aware of the digital risks and challenges they face. Our unique Digital Risk Protection platform helps organisations map all digital risks. By giving our clients control over their entire online footprint, they can better protect their business, brand and reputation. I am excited about the next steps we can take with the support of our current and new investors.”
Evert Jan de Groot, partner at Vortex Capital Partners, adds: “The CEO-fraud we have recently seen at Pathé Cinemas is just the tip of the cybercrime iceberg. Cybersprint has deep domain expertise in detecting digital vulnerabilities and is managed by an experienced team. Their platform can, for instance, immediately detect fraudulent domains the moment they are registered, allowing organisations that could be at risk to intervene before the damage is done.”
Cybersprint protects organisations from cyber threats by providing continuous, real-time insights into the entire digital attack surface and current online risks. The unique Digital Risk Protection platform works as an automated ethical hacker, continuously in search of online vulnerabilities on web, social media, mobile apps, netblocks, IoT devices and the dark web. Simply by entering the brand or organisation name, the platform automatically reveals all online entry points related to the organisation. For more information, see www.cybersprint.com.
About Vortex Capital Partners
Vortex is a private equity investor focusing on investments in Benelux-headquartered growth stage companies that use technology to differentiate and scale faster. The Vortex team has extensive knowledge, experience and expertise in scaling technology-driven businesses. With this knowledge, they want to actively partner with founders and management teams in executing the next step. For more information see: www.vortexcp.com.
InnovationQuarter is the regional development agency for West Holland. InnovationQuarter finances innovative and fast-growing companies, assists international companies in establishing their businesses in West Holland, and facilitates (international) collaboration between innovative entrepreneurs, knowledge institutes and government. In this way, and in cooperation with the business community, InnovationQuarter supports the development of West Holland to become one of the most innovative regions in Europe. For more information see, www.innovationquarter.nl.
About KPN Ventures
KPN Ventures is the venturing arm of KPN, The Netherlands’ leading telecom company. KPN Ventures aims to build value-creating partnership with innovative technology companies, providing access to capital, infrastructure, expertise, network and customer channels. It focuses on direct and indirect (fund-in-fund) investments in early growth-stage European companies in the segments: Internet of Things, Smart Home, Digital Healthcare, Cyber Security, OTT Services, Cloud Computing, Data/AI and Networking Technology. KPN Ventures has its main office in Rotterdam. For more information see: www.kpnventures.com.
Picture of Cybersprint’s CEO Pieter Jansen together with the investors.
From left to right: Pieter Jansen (CEO Cybersprint), Maarten Timmerman (COO Cybersprint), Matti van der Gronde (Associate Vortex Capital), Johan Stins (Senior Investment Manager InnovationQuarter), Olivier Magnin (Investment Associate KPN Ventures), Herman Kienhuis (Managing Director KPN Ventures) , Evert-Jan de Groot (Partner at Vortex Capital).
Listen to the announcement of the investment by PIeter Jansen (CEO Cybersprint) and Rinke Zonneveld (Director InnovationQuarter) on Dutch national radio channel, BNR Nieuwsradio in the programm BNR Zakendoen (in Dutch).
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