Key Takeaways
- • Blackwall raised $100 million in a Series C round led by AVP at a $2.2 billion valuation, making it Europe's most valuable cybersecurity scaleup to date, according to a Business Wire announcement.
- • Existing investors Dawn Capital, MMC Ventures and Tera Ventures participated in the round alongside AVP.
- • Blackwall will use the proceeds to expand operations across 12 strategic regions spanning North America, Europe, Asia-Pacific and the Middle East, and to add new traffic security capabilities for hosting, cloud and managed service providers.
- • The company's platform is deployed inside hosting providers' infrastructure and covers bot mitigation, DDoS protection, web application firewall, load balancing, server-side encryption and agentic AI traffic management.
- • The company targets a hosting market it describes as a $200 billion, fragmented segment, positioning itself as a partner to providers rather than a competitor to hyperscale and content-delivery platforms.
Summary
Blackwall has raised $100 million in a Series C round at a $2.2 billion valuation, according to a company announcement distributed via Business Wire. The round was led by AVP, with participation from existing investors Dawn Capital, MMC Ventures and Tera Ventures. The company describes the valuation as making it Europe's most valuable cybersecurity scaleup to date.
The company says the capital will fund a global expansion of its web traffic management ecosystem, which connects hosting, cloud and managed service providers. Blackwall plans to establish and expand operations across 12 strategic regions spanning North America, Europe, Asia-Pacific and the Middle East. It also plans to introduce new traffic security capabilities designed to let providers address a broader share of customer traffic management needs through a single infrastructure layer.
Blackwall's platform is deployed inside web hosting providers' own infrastructure. It currently covers bot mitigation, DDoS protection, web application firewall, load balancing, server-side encryption and the management of agentic AI traffic. According to the company, the system filters billions of requests per day, distinguishing legitimate visitors and automated traffic from malicious bots and abuse. Blackwall states that it is already in front of millions of websites.
The company's economic model rests on two points, per its announcement. First, by blocking unwanted traffic before it reaches provider servers, the platform aims to reduce infrastructure and operating costs and improve site performance. Second, its modular security features allow providers to package and tier components as their own products, creating new revenue without building the technology in-house. Blackwall describes hosting as a $200 billion market that remains fragmented, and positions itself as distinct from hyperscale and content-delivery platforms that compete with providers for their customers.
Investors framed the round around the growth of AI-driven traffic. Warda Shaheen, General Partner at AVP, said the company is "already the layer in front of millions of websites." Norman Fiore, General Partner at Dawn Capital, argued that infrastructure optimized for human traffic will be strained by agent-driven traffic. Mina Samaan, General Partner at MMC Ventures, and Stanislav Ivanov, Founding Partner at Tera Ventures, also commented, with Tera stating it was among the company's first backers. Co-founder and CEO Nikita Rozenberg said the funding will allow Blackwall to expand globally and deepen its platform.
The company says the capital will fund a global expansion of its web traffic management ecosystem, which connects hosting, cloud and managed service providers. Blackwall plans to establish and expand operations across 12 strategic regions spanning North America, Europe, Asia-Pacific and the Middle East. It also plans to introduce new traffic security capabilities designed to let providers address a broader share of customer traffic management needs through a single infrastructure layer.
Blackwall's platform is deployed inside web hosting providers' own infrastructure. It currently covers bot mitigation, DDoS protection, web application firewall, load balancing, server-side encryption and the management of agentic AI traffic. According to the company, the system filters billions of requests per day, distinguishing legitimate visitors and automated traffic from malicious bots and abuse. Blackwall states that it is already in front of millions of websites.
The company's economic model rests on two points, per its announcement. First, by blocking unwanted traffic before it reaches provider servers, the platform aims to reduce infrastructure and operating costs and improve site performance. Second, its modular security features allow providers to package and tier components as their own products, creating new revenue without building the technology in-house. Blackwall describes hosting as a $200 billion market that remains fragmented, and positions itself as distinct from hyperscale and content-delivery platforms that compete with providers for their customers.
Investors framed the round around the growth of AI-driven traffic. Warda Shaheen, General Partner at AVP, said the company is "already the layer in front of millions of websites." Norman Fiore, General Partner at Dawn Capital, argued that infrastructure optimized for human traffic will be strained by agent-driven traffic. Mina Samaan, General Partner at MMC Ventures, and Stanislav Ivanov, Founding Partner at Tera Ventures, also commented, with Tera stating it was among the company's first backers. Co-founder and CEO Nikita Rozenberg said the funding will allow Blackwall to expand globally and deepen its platform.
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