Saturday, July 27, 2024
19.2 C
New York

JP Morgan leads €36m Series B raise for Dutch start-up Eye Security

  • Netherlands-based cybersecurity start-up Eye Security has raised €36 million through a Series B funding round led by JP Morgan Growth Equity Partners.
  • Bessemer Venture Partners and TIN Capital, previous investors in Eye Security, also participated in the funding round.
  • The company has raised a total of €57.5 million to date, including a €17 million Series A round two years ago.
  • Eye Security, founded in 2020 and headquartered in The Hague, provides cyber insurance, incident response, and managed extended detection and response (MXDR) solutions to mid-market businesses in the Netherlands, Germany, and Belgium.
  • With the new funding, Eye Security aims to deepen its presence in existing markets and expand across select European countries.
  • The start-up’s solutions are positioned to serve the EU’s incoming NIS2 directive, which requires businesses to enhance their incident response capacities by 17th October.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Morgan Stanley buys stake in UK business payments start-up Sokin

Key Points:Acquisition Details:Morgan Stanley has acquired a...

New wealthtech start-up Waltz launches US real estate investment platform

Key Points:Launch Objective:Enable foreign investors to invest...

HSBC India partners with Open Financial Technologies to launch FinConnect for business clients

Key Points:Partnership Objective:Simplify payment processes for HSBC's...

FCA issues new guidelines to ensure cash access for consumers and small enterprises

Key Points:Objective:Ensure "reasonable access" to cash deposit...

Social trading app Shares set to exit UK market

Key Points:Market Exit:Shares is set to exit...

UniCredit set to acquire Aion Bank and BaaS provider Vodeno for €370 million

Key Points:Acquisition Agreement:UniCredit has signed a binding...

Kenya’s Diamond Trust Bank taps Network International for digital payment solutions

Summary of Diamond Trust Bank (DTB) and Network International...

Rabobank taps Zafin to upgrade pricing, billing and invoicing capabilities

Key Points:Partnership Announcement:Rabobank has partnered with Zafin,...

Related Articles

Popular Categories

spot_imgspot_img