Guardz raises $10 million

Israeli cybersecurity startup Guardz has emerged from stealth with $10 million in backing from Hanaco Ventures, iAngels, GKFF Ventures, and Cyverse Capital.

Founded in 2022, the Tel Aviv-based startup targets small businesses with an offering that includes cybersecurity protection and insurance. The Guardz platform monitors a company’s external and internal digital footprint to continuously analyze cybersecurity risks and remediate threats “at the click of a button from one dashboard.”

In terms of insurance, we received two quotes and had five rejected quotes.

“Hackers are acutely aware of small businesses’ cyber vulnerabilities; nowadays, it’s not a matter of if they’ll be targeted, but when. Our complete solution helps companies with lean IT, as well as MSPs, to combat these rising threats, and we’ve already witnessed tremendous results with the hundreds of small businesses currently secured by Guardz. We have worked tirelessly to create a solution that not only impacts the security and longevity of businesses, but helps protect the ecosystem at large, and we are eager to continue developing our offering to secure further companies across the globe.” – Dor Eisner, CEO and co-founder of Guardz.

“With the rise of Attacks-as-a-Service, the ongoing shortage of cyber talent, and the increasingly lucrative nature of targeting smaller businesses, the market is well-primed for a holistic cyber solution that addresses the unique challenges and imminent threats facing these companies. We are excited to take part in Guardz’s journey as it makes headway in addressing and alleviating the crisis of high cyber vulnerability for small businesses everywhere.” – Alon Lifshitz, founding partner at Hanaco Ventures.