Blackpanda, a leader in cyber emergency response based in Asia, announced a strategic funding boost of $6.7m today.
The investment round was co-led by Singtel Innov8 and Gaw Capital Partners, with additional funds coming from WI Harper Group. This financial infusion is set to accelerate Blackpanda’s growth across the region.
Blackpanda’s total funding for its Series A now stands at an impressive $21.7m.
Blackpanda is dedicated to transforming how businesses in Asia respond to and recover from cyber emergencies. Their flagship service, the IR-1 solution, encompasses everything from incident response preparation to comprehensive cyber insurance, aiming to provide end-to-end protection for businesses.
The new funds will be utilized to further develop Blackpanda’s IR-1 solution and expand their market reach across Asia.
Gene Yu, founder & CEO of Blackpanda Group, said, “Cyber attacks are an existential threat to businesses, yet most lack access to affordable emergency response services.
“Our IR-1 solution provides price-optimized, end-to-end cyber emergency response for a fixed-cost subscription. We envision a world where every business has access to essential cyber protection, and this funding brings us closer to realizing that vision.”
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