DonanımHaber covers the Sabancı Ventures-led round of 2.75 million dollars and says the money is meant for global expansion and stronger digital risk protection services.
The article, dated 21 December 2023, names Sabancı Ventures as the lead of the pre-Series A round. Other investors it lists are Tacirler Portföy Gelecek Etki Fonu (managed in partnership with Vestel Ventures), TTGV, Ak Portföy, TechOne VC and Finberg. With this round, Brandefense has raised $3.4 million in total, after $600,000 in the earlier round that paid for a US company and its first international steps. The new funds are for faster growth in more regions and for bringing its cybersecurity services to more users. DonanımHaber also reports that CEO Hakan Uzun said the funding will help the company grow further.
Ekonomist looks at the push abroad in Domestic companies make a push in cyber security. Para Dergi also reports the same 2.75 million dollar round.
Original headline (Turkish): Siber güvenlik şirketi Brandefense, 2,75 milyon dolar yatırım aldı
