– A co-investment round is led by Dutch-fund Knight Capital with the Spanish-Israeli Swanlab Venture Factory and CDTI.
– Smart Protection is a Spanish company dedicated online to protect brands against counterfeit and brand abuse.
– With this new investment the company will continue to add the best global talent to develop its technology platform.
Madrid, November 18, 2020 / PRNewswire / – Smart security Has closed a series B funding round worth € 10 million, Co-led by Dutch firm Night capitalSpanish-israeli Swanlab Venture Factory, SaaS specialized in B2B CDTI, Spanish National Innovation Agency.
Current investor Nauta Rajdhani, JME Ventures, Bankinter, Big Sur Ventures And Telefónica, Through their new investment vehicle Telefónica Tech Ventures Specialized in the field of cyber security, has also participated in the investment process.
Smart Protection now receives more money than total € 20 million to deal with piracy and forgery on the Internet Through its technical platform.
Comment on investment Javier PeriaCEO and co-founder of Smart Security, He said, “With this investment, we will increase our momentum International expansion And broaden our technology solutions to protect brands Reputed damage And loss of profits that cause online losses
Even in the time of COVID-19, Spanish has experienced scale rapid growth In 2020, that is reflected in the doubling of its business compared to the 2019 results. Smart Protection currently works with Customers in 25 countries, And 76% of its income is generated from outside companies Spain.
“Piracy and online forgery is a problem global scale,“Says Dideric Engen Horz, Managing partner of Knight Capital. “Smart protection is one of Some companies With technology capable of addressing this issue in the world. “
Constitutes one of the smart patronage continues Best engineering team In the world, and this round allows them to add the most spectacular Talent. This in turn will promote the development of its technical platform with the highest level of experience, and in the latest progress artificial intelligence.
Mark cavelerAre managing partners of Swanlab Venture Factory It states that “We are looking for solid companies formed by teams capable of becoming Global leader In their category, competing with the best technology and with the products generated Positive long term impact on society. Smart protection serves this purpose, and we believe it will be the benchmark for its category. “
Swanlab Venture Factory,
Telefónica Tech Ventures
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