Guardz raises $56M to bring enterprise-level cybersecurity to small businesses

Israeli cybersecurity startup Guardz has successfully raised $56 million in a Series B funding round, led by U.S. firm ClearSky. This brings their total funding to $84 million in just over two years.

The investment highlights the growing need for robust cybersecurity solutions among small and medium-sized businesses (SMBs), which are often vulnerable to sophisticated cyberattacks. Managed Service Providers (MSPs) and IT professionals play a crucial role as the primary line of defense for these organizations.

Guardz addresses this challenge with an AI-native platform designed specifically for MSPs. Launched in early 2023, the platform provides a unified system for identity, endpoint, email, cloud, and data protection, integrating 24/7 monitoring. It combines artificial intelligence with human-led threat hunting, offering a comprehensive approach to security.

According to industry research, 77% of MSPs face difficulties managing disparate cybersecurity tools, leading to inefficiencies and delayed responses. Guardz aims to streamline this by consolidating detection, response, compliance, and even cyber insurance into one platform.

Guardz CEO and co-founder Dor Eisner emphasized their mission to provide enterprise-level cybersecurity to SMBs, recognizing their importance as the "engine of the global economy."

The new funding will be used to accelerate Guardz's market expansion and enhance its capabilities in automated threat detection, cyber risk prevention, and insurance offerings.