Talsec, a Brno, Czech Republic-based security startup that provides mobile app protection, has raised €1 million in a funding round.
Investors
The investment round was led by Dig Ventures and DEPO Ventures.
Dig Ventures is a venture capital firm investing in pre-seed and seed-stage B2B SaaS and fintech companies in Europe and the U.S.
Depo Ventures is an investment group that manages an angel fund, and angel network and provides capital advisory services.
Talsec Use of Funds
The company will use the funding to fuel expansion and further product development. Talsec aims to expand its presence globally, especially in the fintech sector.
About Talsec
Founded by Sergiy Yakymchuk, Talsec is a company that employs multi-layered protection for applications and APIs, focusing on safeguarding against threats like reverse engineering and malware. Originally developed for the financial sector, the company now offers App Safety as a Service, including App and API protection SDK, Penetration testing, monitoring service, and user safety suite. Among its clients are Generali and VIG, BrasilCard, and the Czech Ministry of the Interior.
Funding Details
Company: Talsec
Raised: €1.0M
Round: Seed Round
Funding Month: April 2024
Lead Investors: Dig Ventures, DEPO Ventures
Additional Investors:
Company Website: https://www.talsec.app/
Software Category: Mobile Security
Source: https://ain.capital/2024/04/23/talsec-secures-a-1m-investment-round/