Belgian cybersecurity company Sweepatic secures follow-up investment of € 2.8 million
Sweepatic, a cybersecurity attack surface management platform monitoring internet-facing assets to protect companies against cyberattacks, has secured 2.8 million EUR from TIIN Capital’s Dutch Security Tech Fund (NL), eCAPITAL (DE) and PMV (BE).
Sweepatic‘s External Attack Surface management (EASM) Platform, enables organizations with an instant overview of their internet-facing assets and risks that they may be unaware of. Helping them this way, to be proactive and become cyber resilient against attacks.
This new investment will be used to boost and strengthen Sweepatic’s European leader role in External Attack Surface Management. In 2021 the company obtained the Cybersecurity Made in Europe label, which recognizes European IT security companies for their reliable and trustworthy solutions and underpins Sweepatic’s European identity. This label is granted by the European Cyber Security Organisation, ECSO.
The company’s customer base includes references like Lineas (Logistics), Ziekenhuis Netwerk Antwerpen (Healthcare), Reynaers Aluminium (Manufacturing), CFE (Contracting) and Sibelga (Utilities).
states Founder & CEO Stijn Vande Casteele.
Roel Reijnen, Investment Manager at Dutch Security Techfund, says:
Roald Borré, Group Manager Venture Capital at PMV states:
Willi Mannheims, Managing Partner at eCAPITAL adds:
Sweepatic is a European leader in External Attack Surface Management. Our cloud-based platform automates the continuous mapping, monitoring, and managing of all internet-connected assets and risks. Running 24/7, the Sweepatic Platform delivers attack surface observations via notifications and an easy-to-use dashboard. In this way, Sweepatic supports organizations in structuring and reducing their external attack surface – making them an unpopular target for bad actors.
Sweepatic Press Pictures
About TIIN capital
Early 2019, TIIN Capital, based in Naarden and founded in 1998, started with its sixth venture capital fund; Dutch Security TechFund. Dutch Security TechFund has a sector focused approach (Cybersecurity). It has the strategy to form strong partnerships with The Hague Security Delta and the European Cyber Security Organization (ECSO) in order be close to developments in and growth of the competitive cybersecurity market in Europe. Next to angel investors’ as LPs, regional investment company InnovationQuarter, the Municipality of The Hague, KPN Ventures, Investeringsfonds Groningen and Invest-NL are also involved as LP. For more information see: www.tiincapital.nl
eCAPITAL is a venture capital firm that provides early to growth stage funding to technology companies in the fields of software & information technology, cybersecurity, industry 4.0, new materials and cleantech. Founded in 1999, eCAPITAL has a history of supporting entrepreneurs determined to build companies with lasting significance. Partnering with eCAPITAL means joining an international network of business leaders, entrepreneurs, technologists and potential partners. eCAPITAL is located in Germany, currently manages funds with over EUR 280 million under management and was lead investor of some very successful German exits like sonnen, Novaled or Jedox. For more information see: www.ecapital.vc
PMV is an investment company that shapes the economic future of Flanders by financing promising companies from the very start to growth and internationalization. With over EUR 1 billion in assets under management and led by experienced professionals, PMV offers tailor-made financial solutions for entrepreneurs with a solid business plan and a strong management team, including venture capital, loans and guarantees. For more information see: www.pmv.eu