Cybersecurity firm Eye Security has successfully raised €36 million (~$39.2 million) in a Series B funding round led by J.P. Morgan Growth Equity Partners, with participation from existing investors Bessemer Venture Partners and TIN Capital. With this latest round of investment, Eye Security’s total funding surpasses $62 million. Established in 2020 and headquartered in Hague, Netherlands, Eye Security specializes in offering enterprise-level cybersecurity products tailored for mid-market businesses, including 24/7 protection, incident response, and cyber insurance.
Eye Security’s solutions boast rapid integration with existing infrastructure, enabling businesses to identify weaknesses and receive actionable insights promptly. Additionally, the company provides human-backed incident response capabilities, ensuring swift and effective resolution of cyber threats. Notably, Eye Security’s offerings align with new European Union regulations, facilitating compliance for businesses facing stringent cybersecurity breach reporting timelines. With a diverse customer base spanning automotive, financial services, healthcare, information technology, manufacturing, and other sectors, Eye Security is poised for further growth and expansion.
Eye Security plans to utilize the recent investment to solidify its presence in European markets such as Belgium, Germany, and the Netherlands, while also extending its reach to other countries throughout 2024. CEO Job Kuijpers emphasizes the company’s commitment to delivering comprehensive cybersecurity solutions that not only enhance businesses’ defense against cyber threats but also provide swift insurance coverage. This investment underscores Eye Security’s dedication to empowering businesses across various sectors to mitigate cyber risks effectively and safeguard their digital assets.
