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Blackwall

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A bot dedicated to delivering services to protect website from malicious bots, crawlers, scrapers, and hacker attacks

Tallinn, EstoniaFounded 2019Cybersecurity
Valuation $250–500M Last recorded · 2025
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Blackwall and the history behind them.

About Blackwall

BotGuard is a cybersecurity startup that offers a comprehensive web security solution for businesses operating online. Its primary clients include webmasters, eCommerce businesses, and Internet Service Providers (ISPs). Operating in the global cybersecurity market, BotGuard provides a platform-agnostic cloud solution, ensuring 99.9% of companies can benefit from its services, regardless of their existing technology platforms.

The company's primary offering is the BotGuard GateKeeper, an advanced reverse proxy technology. This technology filters web traffic at its landing point, effectively hiding a company's web infrastructure and providing robust protection against Layer 7 (L7) threats and Distributed Denial of Service (DDoS) attacks. In simpler terms, BotGuard GateKeeper acts as a shield, preventing harmful traffic from reaching a company's website or online services.

BotGuard's business model is based on providing these cybersecurity services at a cost calculated to be optimal for each client. This suggests a flexible pricing model that takes into account the specific needs and scale of each client's online operations. The company's revenue is therefore generated from the fees paid by clients for the use of its cybersecurity services.

In addition to bot mitigation, BotGuard also offers a Web Application Firewall (WAF) and Content Scraping Prevention services. These services provide additional layers of protection against common cyber threats, ensuring a comprehensive cybersecurity solution at a competitive price.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Tallinn, Estonia
Employees
59
Open positions
9
Dealroom signal
63.4/100
Industry
Security
Sub-industry
Data protection, Cloud & Infrastructure
Sector
Cybersecurity, Startup Estonia, Startup Estonia: Deep Tech, ef tough tech maybe
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Mar 2025 $50M $198M Dawn Capital · MMC Ventures ↗
SERIES AOther financing Mar 2024 $13M $53M MMC Ventures · Tera Ventures · Stefan Lindeberg · Expeditions Fund ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Blackwall website traffic

Latest recorded traffic for Blackwall is 14K monthly website visits, up 50.5% over the last three months. Blackwall's team declined 32.2% over the past year.

Latest monthly visits14K 3-month web change+50.5% 1-year team growth-32.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Tera Ventures

Series A4 investors entered at this stage

Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇪🇪 Estonia · Tallinn HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Blackwall on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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