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watchTowr Raises USD$2.25 Million In Wavemaker-Backed Seed Funding Round

Singapore-based cybersecurity firm watchTowr has successfully raised USD$2.25 million in a seed funding round backed by venture capital firm Wavemaker Partners and private equity firm Vulcan Capital.

Additionally, the start-up is also launching its Continuous Attack Surface Testing (CAST) solution to the public for the first time supported by the funding round, which will see the company scale its CAST solution that is already being used by notable industries in Southeast Asia. The investment will also be used to expand the company's team of expert cybersecurity specialist.

"We have designed the watchTowr Platform to go beyond antiquated, traditional security assurance approaches of penetration testing and bug bounty programs. Scope and time restrictions imposed by traditional security assurance approaches now pose significant cyber risks to organisations,” Benjamin Harris, Founder and CEO at watchTowr.

“The watchTowr Platform provides organisations with the continuous visibility and scalable assurance they need, combined with regulatory compliance management, to keep up with the flood of emerging weaknesses and the rate of adversary evolution."

Founded by Bejamin Harris, watchTowr assists organisations in managing and securing their external attack surface by utilising the CAST solution's remote working practices and cloud and external technology. The company has also been accredited by CREST, the global certification body for cybersecurity professionals.

"Our investors and the team at watchTowr are committed to developing the watchTowr Platform and believe that this is just the beginning of our mission in empowering our customers in staying one step ahead of even the most sophisticated cybercriminals," Harris adds.

Photo Credit: watchTowr


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