Egypt-based cybersecurity startup Buguard has raised a $500,000 Seed funding round to protect clients against dark web cyber attacks and fund expansion plans.
Buguard, an Egypt-based cybersecurity firm, has raised $500,000 in seed round. The funding round was led by A15, the leading MENA venture capital firm, with participation from angel investors. Buguard will use the funds to grow its team, focusing on product, sales, and channel partnerships.
Founded by Youssef Mohamed In 2021, Buguard offers offensive security services that protect its clients against dark web cyber attacks—including penetration testing and vulnerability assessment, phishing simulation, compromise assessment, threat intelligence and red teaming.
Youssef Mohamed, Founder and Chief Technology Officer of Buguard, while speaking on the raise said: “We are delighted to announce our fundraise, and I thank A15 for its great support. The world of dark web cyber threats is very real, dynamic and growing. Any company can be a victim and one must be prepared. Our team at Buguard is hand-picked and includes some of the world’s leading security researchers and engineers, coupled with a subscription-based, SaaS product—Dark Atlas—that goes broader and deeper than existing alternative solutions.