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Baffin Bay Networks Receives $ 6.4 Million in Funding from EQT

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For a long time, it has been difficult to buy a cloud-based security platform that offers complete security in a single data path. Current market solutions offer a one-pony trick, leaving companies with complex routing configurations or abnormal traffic latency to achieve a solution that meets their needs.

Swedish cybersecurity start-up Baffin Bay Networks believes it has the answer, with distributed "threat protection centers" that interfere with traffic before it reaches its customers' services and removes any potential threat.

He announced today the closing of a $ 6.4 million series A round. The investment was led by the European Venture Capital EQT Ventures and the capital will be used for international expansion.

"We are passionate about creating a world-class, easy-to-use threat protection platform for any business or service provider to protect their key assets and services," said Joakim. Sundberg, CEO of Baffin Bay Networks.

Competitors include Incapsula, Cloudflare, Akamai, Arbor and others.

Through the Riverview Customer Portal, users can configure their own security settings and level of protection. The user interface enables real-time tracking of traffic and provides real-time results from threat analysis, providing current and comprehensive information about the activity in their online environment.

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If users do not want to configure the settings themselves, they can rely on reasonable, reasonable values ​​calculated with the help of sophisticated algorithms.

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