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Cybersecurity company Blackwall has reached a valuation of €1.03 billion, increasing by 368%. It currently ranks as Estonia’s fifth most valuable tech company.

PRIVATESep 30, 2026

Amount Raised

€1.03 Billion

Round Type

Venture

EstoniaCyber Security

Description

Blackwall has achieved a remarkable valuation increase from €221 million to €1.03 billion, securing its position as Estonia's fifth most valuable tech company. This growth reflects the company's strong revenue and competitive standing within the cybersecurity sector. The data highlights the importance of product and economic value in technology valuations. Blackwall’s GateKeeper solution is a key innovation in filtering malicious traffic for customers.

Company Information

Company

Blackwall

Location

Estonia

About

Blackwall is an Estonia-based cybersecurity startup focused on protecting small and medium-sized businesses (SMBs) from malicious online traffic. Formerly known as BotGuard, it offers a range of products, including a reverse proxy called GateKeeper that analyzes and filters traffic in real time. The company partners with intermediaries like hosting service providers to extend its services to a broader customer base. Founded in 2019, Blackwall has quickly scaled, servicing over 2.3 million websites and applications.

Fundz sees it the moment Blackwall raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for Blackwall's next move

See what Strategic adds

Blackwall 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.