Estonia-based Blackwall raises €45 million Series B to protect SMBs from malicious online traffic

A huge chunk of online traffic now comes from bots, both good and bad — but AI is boosting the latter. From DDoS attacks to scraping, there’s a renewed barrage of threats that companies have to deal with. According to cybersecurity entrepreneur Nikita Rozenberg, the impact is more severe for SMBs. “The main difference is that large enterprises typically can survive with that. Most of these threats can simply kill small businesses.” This inspired him to start Blackwall, an Estonia-based startup formerly known as BotGuard that shares similarities with CloudFlare, Imperva and others, but with a focus on SMBs. This focus also influenced its product roadmap: It recently launched an ad fraud prevention product that prevents e-commerce websites from having their ad spend consumed by bots. The pace at which the startup has been launching new applications and plans to keep on doing so is one factor that resonated with Dawn Capital, the B2B-focused VC firm that is backing Blackwall’s €45 mil ... Read full article.