Cybersecurity Startup Pulls in $19M Series A to Boost Growth

Singapore-based watchTowr is boosting its global reputation in the cybersecurity industry through new capital and an addition to its board of directors.

Written by Built In Staff, With AI
Published on Oct. 10, 2024
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REVIEWED BY
Rose Velazquez | Oct 10, 2024

Cybersecurity startup watchTowr, which specializes in external attack surface management, secured $19 million in Series A funding. This financial boost elevates the total investment in the company to $29 million. The influx of capital is set to propel watchTowr’s global expansion efforts, which include scaling its go-to-market, research and engineering teams.

The company has technological offerings designed to mimic the creativity and persistence of real-world attackers, thereby enabling organizations to swiftly adapt to new tactics and emerging threats. This approach allows watchTowr’s proprietary Continuous Automated Red Teaming, or CART, technology to safeguard customers against sophisticated cyber threats on a global scale, especially amid advancements in AI.

To further strengthen its strategic direction, watchTowr welcomed Chris Merritt, former president of field operations and chief revenue officer at Cloudflare, to its board of directors. The company says Merritt’s extensive experience and expertise are expected to guide its growth and solidify its position as a leader in the cybersecurity domain.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected].

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