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Guardz Secures $56 Million in Funding to Elevate SMB Cybersecurity

In a significant move intended to bolster cybersecurity for small and medium-sized businesses (SMBs), Guardz has announced the completion of a $56 million Series B funding round. This investment, led by ClearSky Capital, has successfully raised the overall funding to $84 million since its inception just over two years ago. The funding is crucial for enhancing Guardz's cybersecurity platform, which is designed explicitly for Managed Service Providers (MSPs).

A Growing Need in Cybersecurity

As cyber threats become increasingly sophisticated, small and medium-sized enterprises—central to the economy—are becoming prime targets for cyberattacks. The pressures on Managed Service Providers (MSPs) to shield these businesses are intensifying. A staggering 77% of MSPs report challenges in managing multiple, fragmented security solutions, leading to inefficient processes and slower response times. Guardz aims to solve this by delivering a unified cybersecurity platform that integrates essential services into a single, cohesive ecosystem.

Leveraging AI for Robust Protection

The innovative platform developed by Guardz incorporates AI-driven technology to offer Managed Detection and Response (MDR) solutions. This ensures 24/7 protection and rapid responses to emerging threats. By automating detection processes and integrating human-led threat hunting, Guardz’s system allows MSPs to significantly cut down on manual tasks and enhance their incident response efficiency.

Key Features of Guardz's Unified Cybersecurity Platform

The Guardz platform provides comprehensive coverage, addressing critical areas like identity security, email protection, endpoints, cloud infrastructure, and data handling. Noteworthy features include:

• - 24/7 Managed Detection and Response: A combination of AI-automated systems and expert human oversight, ensuring constant vigilance.
• - Seamless Integrations: Compatibility with platforms such as Microsoft 365 and Google Workspace to monitor and analyze user behaviors, identifying any suspicious activities before they escalate.
• - User-Centric Design: A focus on simplifying security operations for MSPs, allowing them to safeguard client data and improve security without the added complexity.

Future Aspirations

As it forges ahead, Guardz aims to expand its market reach and refine its cybersecurity solutions further. The funding will enable the company to enhance its offerings in automation, risk management, and compliance capabilities, essential factors for growing SMBs. By streamlining operations and fortifying security defenses, Guardz hopes to empower MSPs to not just protect but also enable their clients to thrive in a complex digital landscape.

Industry Recognition

Dor Eisner, co-founder and CEO of Guardz, emphasized the critical role MSPs play as the first line of defense for businesses. He stated, "This funding propels Guardz forward in our mission to bring enterprise-level cybersecurity to SMBs, empowering MSPs with the tools they need to ensure robust security and resilience."

Industry leaders also recognize Guardz’s unique positioning within the cybersecurity market, marking it as a trailblazer. Alex Weiss, Managing Partner at ClearSky, lauded the firm for its innovative solutions tailored for the MSP ecosystem.

Guardz is not just raising the bar in cybersecurity for SMBs; it’s on a mission to create a more secure and resilient business environment for all types of organizations. As they continue to grow and adapt, their relevance in the evolving cybersecurity landscape becomes more prominent. For more information about Guardz and their offerings, visit Guardz's website.