Fundz

Bastion Raises €2.5 Million To Give Smbs A Fighting Chance In The Battle Against Cyberattacks

Apr 27, 2023

Amount Raised

€2.5 Million

Round Type

Seed

MelbourneAdvertising

Investors

Global Founders CapitalGaëlle OlivierRenaud DeraisonJoshua MottaDenis DuverneMotier VenturesKima VenturesFrst

Description

SMEs are prime targets for ransomware and phishing attacks. Why? Because small teams or local businesses have neither the know-how or the budget for a cybersecurity specialist on staff - and given that 'human error' is one of the main ‘gateways’ to an attack, small firms don't have someone sitting looking over 'curious' Eric’s shoulder saying, ‘don’t click that link’ into his ear.

Quick answer

Bastion raised €2.5 Million in a Seed round, dated April 27, 2023. Investors: Global Founders Capital, Gaëlle Olivier, Renaud Deraison, Joshua Motta, Denis Duverne, Motier Ventures, Kima Ventures and Frst. Bastion is based in Melbourne, Victoria, Australia.

How much did Bastion raise?
Bastion raised €2.5 Million in a Seed round on April 27, 2023.
Who invested in Bastion?
Global Founders Capital, Gaëlle Olivier, Renaud Deraison, Joshua Motta, Denis Duverne, Motier Ventures, Kima Ventures and Frst are named as investors in this round.
What does Bastion do?
The platform continuously monitors the company's security posture, across different modules: external attack surface, employee data and password leaks on the darkweb, SaaS & E-mail accounts configuration as well as..
Where is Bastion based and how big is it?
Bastion is based in Melbourne, Victoria, Australia. Fundz records about 300 employees.
Who are the decision-makers at Bastion?
Fundz holds 1 contact at Bastion. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Advertising around the same time

Companies in the same sectors as Bastion that raised within 45 days of this round, from Fundz verified event records.

  • Spectrm raised $6.5M (Funding Round) on June 6, 2023.
  • Zeliq raised $5.4M (Funding Round) on May 31, 2023.
  • Unitea raised $7M (Seed) on May 16, 2023.
  • Mast Vacation Partners raised $33K on May 10, 2023.
  • Olyns raised $4M (Series A) on May 8, 2023.
  • Super League Enterprise raised $750K (Seed) on May 3, 2023.

Who to call at Bastion, and when

A new round usually means Bastion is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Bastion raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Bastion

Location

Melbourne, Victoria, Australia

About

The platform continuously monitors the company's security posture, across different modules: external attack surface, employee data and password leaks on the darkweb, SaaS & E-mail accounts configuration as well as phishing simulations and it alters platform administrators when new issues arise. Bastion is using an indirect distribution model involving a network of trusted third parties, including Managed Services & Security Service Providers (MSPs & MSSPs), corporate banking businesses, insurers and insurance brokers (it gives customers a chance to improve their insurability posture). French start-up Bastion is an all-in-one cybersecurity platform developed to solve the challenges of cybersecurity for businesses of all shapes and sizes, protecting them from cyberattacks targeting humans, web, devices, e-mails, cloud.

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Bastion raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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