MMC Ventures invests in Estonian startup BotGuard

MMC Ventures invested in Estonian cybersecurity software startup BotGuard.

BotGuard secured 12 million euros in the Series A funding round. The round was led by MMC Ventures. Existing investors Tera Ventures and Expeditions Fund also participated in the investment round, alongside prominent angel investors, including Stefan Lindeberg.

MMC is a venture capital fund investing in transformative technology companies. BotGuard is a cybersecurity software startup, which enables businesses to manage good, bad, and neutral web traffic.

COBALT advised MMC Ventures throughout the entire transaction. Our team included Specialist Counsel Greete-Kristiine Kuru and Assistant Lawyer Paul Schifrin.