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Blackpanda secured $6.7 million in Series A funding led by Singtel Innov8 and Gaw Capital Partners to expand across Asia and enhance its cybersecurity solutions.

Sep 25, 2024about 1 year ago

Amount Raised

$6.7 Million

Round Type

series a

SingaporeNetwork Security

Investors

Wi Harper GroupGaw Capital PartnersSingtel Innov8

Description

Blackpanda, an Asian cyber emergency response firm, raised a total of $21.7 million in Series A funding to fuel its expansion across Asia. The new capital will bolster its IR-1 cybersecurity solution, providing comprehensive cyber protection. This funding allows Blackpanda to integrate its underwriting arm for better risk management.

Company Information

Company

Blackpanda

Location

Singapore, Southeast Asia, Singapore

About

Blackpanda Group is Asia's leading local cyber incident response firm, dedicated to delivering world-class digital emergency response services to businesses in the region. We help businesses strengthen their cyber resilience and secure their digital operations by supporting them with incident response delivered by local experts and cyber insurance underwritten by our Lloyd’s of London coverholder Blackpanda Underwriting.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers