{"id":16491,"date":"2024-09-25T11:19:54","date_gmt":"2024-09-25T09:19:54","guid":{"rendered":"https:\/\/www.bm-t.de\/2023-en\/enginsight-strengthens-smes-against-cyber-attacks-with-e6-million\/"},"modified":"2024-09-25T11:33:32","modified_gmt":"2024-09-25T09:33:32","slug":"enginsight-strengthens-smes-against-cyber-attacks-with-e6-million","status":"publish","type":"post","link":"https:\/\/www.bm-t.de\/en\/2024-en\/enginsight-strengthens-smes-against-cyber-attacks-with-e6-million\/","title":{"rendered":"\u20ac 6 million investment in Enginsight strengthens its mission to protect SMEs against cyber attacks"},"content":{"rendered":"

Engin\u00adsight, an expe\u00adri\u00adenced Ger\u00adman provider of an all-in-one cyber\u00adse\u00adcu\u00adrity plat\u00adform for SMEs, has suc\u00adcess\u00adfully closed a new financ\u00ading round led by UVC Part\u00adners. Among the co-investors are Carsten Maschmeyer with his fund seed+speed as well as bm\u2011t beteili\u00adgungs\u00adman\u00adage\u00adment th\u00fcrin\u00adgen GmbH, Bran\u00adden\u00adburg VENTURES GmbH, Smart Infra\u00adstruc\u00adture Ven\u00adtures and Talanx AG. With the fresh cap\u00adi\u00adtal of \u20ac6 mil\u00adlion, the com\u00adpany intends to pur\u00adsue its mis\u00adsion of pro\u00adtect\u00ading Ger\u00adman SMEs from the grow\u00ading threat of cyber attacks. <\/strong><\/p>\n

Small and medium-sized enter\u00adprises (SMEs), which make up 99.4 per\u00adcent of the Ger\u00adman econ\u00adomy, are par\u00adtic\u00adu\u00adlarly vul\u00adner\u00ada\u00adble to cyber\u00adat\u00adtacks as they often lack the nec\u00ades\u00adsary resources and exper\u00adtise to pro\u00adtect them\u00adselves against increas\u00adingly com\u00adplex threats. Accord\u00ading to the annual report on the state of IT secu\u00adrity in Ger\u00admany pub\u00adlished by the Fed\u00aderal Office for Infor\u00adma\u00adtion Secu\u00adrity (BSI), cyber\u00adat\u00adtacks caused dam\u00adage amount\u00ading to 203 bil\u00adlion euros in 2022 alone. No won\u00adder that a wide vari\u00adety of sit\u00adu\u00ada\u00adtion reports call for more com\u00admit\u00adment to cyber secu\u00adrity \u2014 both from politi\u00adcians and orga\u00adni\u00adza\u00adtions. Engin\u00adsight tar\u00adgets its solu\u00adtions pre\u00adcisely at those who are most affected by the threat. With its inno\u00adv\u00ada\u00adtive plat\u00adform, the com\u00adpany aims to pro\u00adtect SMEs from the eco\u00adnomic dam\u00adage caused by such attacks. SMEs of all sizes and indus\u00adtries \u2014 from the tax con\u00adsul\u00adtant around the cor\u00adner to com\u00adpa\u00adnies with 10,000 employ\u00adees \u2014 can ben\u00ade\u00adfit from the offer\u00ading. \u201cOur aim is to relieve the bur\u00adden on IT man\u00adagers in SMEs and give them the nec\u00ades\u00adsary trans\u00adparency and con\u00adtrol over their net\u00adworks,\u201d explains Mario Jan\u00addeck, co-founder and CEO of Engin\u00adsight. \u201cAround 21,000 IT sys\u00adtems are suc\u00adcess\u00adfully attacked every day \u2014 a huge threat con\u00adsid\u00ader\u00ading how sen\u00adsi\u00adtive and impor\u00adtant com\u00adpany data is. With our holis\u00adtic approach, which is based on attack detec\u00adtion and defense as well as auto\u00admated response to attacks, com\u00adpa\u00adnies can act proac\u00adtively and pro\u00adtect themselves.\u201d<\/p>\n

Urgent need for action on security gaps in SMEs<\/strong><\/h4>\n

Despite the grow\u00ading threat sit\u00adu\u00ada\u00adtion, too few SMEs have stepped up their secu\u00adrity mea\u00adsures. Empir\u00adi\u00adcal sur\u00adveys by the con\u00adsult\u00ading firm Deloitte showed that it took up to seven days for 53% of respon\u00addents to detect a cyber\u00adat\u00adtack. The lack of speed of response is no less seri\u00adous than the fact that only 62% of micro-enter\u00adprises have reg\u00adu\u00adlarly installed secu\u00adrity updates and just 18% have an emer\u00adgency plan at all. \u201cThese gen\u00ader\u00adally known deficits increase the dan\u00adger, as cyber crim\u00adi\u00adnals are increas\u00adingly tar\u00adget\u00ading SMEs. With our auto\u00admated end-to-end solu\u00adtion, we are declar\u00ading war on the attack\u00aders and enabling SMEs to com\u00adpre\u00adhen\u00adsively restruc\u00adture their IT land\u00adscape and pre\u00adpare for the future,\u201d explains Max Taran\u00adtik, COO of Enginsight.<\/p>\n

Cybersecurity \u201cMade in Germany\u201d for SMEs<\/strong><\/h4>\n

Engin\u00adsight relies on a solu\u00adtion devel\u00adoped 100% in Ger\u00admany that is specif\u00adi\u00adcally tai\u00adlored to the needs of Ger\u00adman SMEs. Andreas Unseld, Gen\u00aderal Part\u00adner at UVC Part\u00adner: \u201cFrom our per\u00adspec\u00adtive, the lack of holis\u00adtic solu\u00adtions that are afford\u00adable and quick to imple\u00adment is the biggest hur\u00addle for many SMEs. Engin\u00adsight\u2019s cus\u00adtomers ben\u00ade\u00adfit from a pre-con\u00adfig\u00adured plat\u00adform that is usu\u00adally imple\u00admented and oper\u00ada\u00adtional within a day. The com\u00adpany com\u00adbines attack detec\u00adtion, mon\u00adi\u00adtor\u00ading and response in a sin\u00adgle sys\u00adtem \u2014 with\u00adout the use of mul\u00adti\u00adple iso\u00adlated tools. This is pre\u00adcisely why we believe that Engin\u00adsight\u2019s offer\u00ading is in tune with the times.\u201d \u201cThe avail\u00adabil\u00adity of IT secu\u00adrity spe\u00adcial\u00adists in par\u00adtic\u00adu\u00adlar is a per\u00adpet\u00adual bot\u00adtle\u00adneck for SMEs. Engin\u00adsight closes this gap, as the solu\u00adtions can be oper\u00adated by spe\u00adcial\u00adists with\u00adout any major addi\u00adtional time expen\u00addi\u00adture. For this rea\u00adson, Engin\u00adsight is par\u00adtic\u00adu\u00adlarly valu\u00adable to IT ser\u00advices com\u00adpa\u00adnies work\u00ading with SMB clients,\u201d said Jakob Ban\u00adhardt, Invest\u00adment Man\u00adager at UVC Part\u00adners. \u201cWe are proud of how Engin\u00adsight has expanded and improved its prod\u00aduct port\u00adfo\u00adlio in recent years. It is not only large com\u00adpa\u00adnies that are increas\u00adingly at the cen\u00adter of cyber attacks; SMEs and smaller com\u00adpa\u00adnies are also being forced to seri\u00adously pro\u00adtect their soft\u00adware and hard\u00adware sys\u00adtems. Engin\u00adsight pro\u00advides busi\u00adness and admin\u00adis\u00adtra\u00adtion with an all-in-one secu\u00adrity plat\u00adform plus sup\u00adport and con\u00adsult\u00ading that offers all-round pro\u00adtec\u00adtion made in Ger\u00admany,\u201d adds Alexan\u00adder K\u00f6lpin, Investor and Man\u00adag\u00ading Direc\u00adtor at seed + speed Ventures.<\/p>\n

Future strategy: growth and expansion<\/strong><\/h4>\n

With the new financ\u00ading round, Engin\u00adsight plans to expand its mar\u00adket lead\u00ader\u00adship in the DACH region and also estab\u00adlish itself inter\u00adna\u00adtion\u00adally. The focus is on tar\u00adgeted brand\u00ading cam\u00adpaigns, the expan\u00adsion of sales and the devel\u00adop\u00adment of new part\u00adner\u00adships. At the same time, the soft\u00adware will be fur\u00adther devel\u00adoped in order to con\u00adtin\u00adu\u00adously opti\u00admize pro\u00adtec\u00adtion for SMEs and keep it fit for the future.<\/p>\n

About UVC Partners <\/strong><\/h5>\n

UVC Part\u00adners<\/a> is a lead\u00ading ven\u00adture cap\u00adi\u00adtal firm invest\u00ading in Euro\u00adpean B2B tech star\u00adtups with offices in Munich and Berlin. With more than 600 mil\u00adlion euros in assets under man\u00adage\u00adment, UVC Part\u00adners typ\u00adi\u00adcally invests between 1 and 10 mil\u00adlion euros ini\u00adtially and up to 30 mil\u00adlion euros per startup in the areas of DeepTech, Cli\u00admateTech, Mobil\u00adity and Software\/AI. As an inde\u00adpen\u00addent part\u00adner of Unternehmer\u00adTUM, Europe\u2019s lead\u00ading startup ecosys\u00adtem, UVC Part\u00adners has unique access to pro\u00adpri\u00adetary deal flow, more than 1,000 com\u00adpa\u00adnies and SMEs as well as tal\u00adent from the Tech\u00adni\u00adcal Uni\u00adver\u00adsity of Munich, one of the best tech\u00adni\u00adcal uni\u00adver\u00adsi\u00adties in Europe. UVC Part\u00adners\u2019 invest\u00adments include Flix, Isar Aero\u00adspace, planqc, Prox\u00adima Fusion, Reve\u00adrion, Tacto, TWAICE, Deep\u00adDrive, STABL and many more. All port\u00adfo\u00adlio com\u00adpa\u00adnies and founders ben\u00ade\u00adfit from the team\u2019s exten\u00adsive invest\u00adment and exit expe\u00adri\u00adence, abil\u00adity to build sus\u00adtain\u00adable indus\u00adtry lead\u00aders and Unternehmer\u00adTUM\u2019s net\u00adwork, espe\u00adcially to accel\u00ader\u00adate mar\u00adket entry.<\/p>\n

About bm|t<\/strong><\/h5>\n

Erfurt-based bm\u2011t beteili\u00adgungs\u00adman\u00adage\u00adment Th\u00fcrin\u00adgen (bm|t)<\/a> \u2014 a sub\u00adsidiary of Th\u00fcringer Auf\u00adbaubank \u2014 is the first address for ven\u00adture cap\u00adi\u00adtal invest\u00adments in Thuringia, Ger\u00admany. The bm|t cur\u00adrently man\u00adages twelve funds with a total vol\u00adume of EUR 445 mil\u00adlion and invests in inno\u00adv\u00ada\u00adtive com\u00adpa\u00adnies with strong growth poten\u00adtial across all sec\u00adtors and all phases of the cor\u00adpo\u00adrate life cycle. bm|t joined Engin\u00adsight GmbH as an early-stage investor shortly after it was founded in 2017 and has since accom\u00adpa\u00adnied the com\u00adpany in its growth strat\u00adegy and sup\u00adported it with investments.<\/p>\n

About Enginsight<\/strong><\/h5>\n

Engin\u00adsight<\/a> offers the per\u00adfect cyber\u00adse\u00adcu\u00adrity solu\u00adtion for SMEs. Founded in Jena in 2017, the soft\u00adware, which was devel\u00adoped entirely in-house, is now used by numer\u00adous SMEs and is par\u00adtic\u00adu\u00adlarly pop\u00adu\u00adlar with IT ser\u00advice providers. They use Engin\u00adsight to deter\u00admine the sta\u00adtus of their cus\u00adtomers\u2019 IT secu\u00adrity and take proac\u00adtive action, detect\u00ading and block\u00ading attacks. Fol\u00adlow\u00ading the approach of \u201cmak\u00ading the invis\u00adi\u00adble vis\u00adi\u00adble\u201d and \u201cmak\u00ading the inse\u00adcure secure\u201d, Engin\u00adsight focuses on trans\u00adparency and automa\u00adtion when it comes to IT secu\u00adrity. The \u201chuman fac\u00adtor in IT secu\u00adrity\u201d, which is at the fore\u00adfront of many cyber attacks, is to be elim\u00adi\u00adnated. With Secu\u00adrity 100 % Made in Ger\u00admany, Engin\u00adsight is pur\u00adsu\u00ading the vision of mak\u00ading SMEs secure effec\u00adtively and sus\u00adtain\u00adably with its tech\u00adno\u00adlog\u00adi\u00adcally lead\u00ading solution.<\/p>\n

Press contact:<\/strong><\/h5>\n

Patri\u00adcia Brumme
\nHead of Mar\u00adket\u00ading PR
\npatricia.brumme@enginsight.com<\/a>
\nPhone: +49 151 74254982<\/p>\n","protected":false},"excerpt":{"rendered":"

Engin\u00adsight, an expe\u00adri\u00adenced Ger\u00adman provider of an all-in-one cyber\u00adse\u00adcu\u00adrity plat\u00adform for SMEs, has suc\u00adcess\u00adfully closed a new financ\u00ading round led by UVC Part\u00adners. Among the co-investors are Carsten Maschmeyer with his fund seed+speed as well as bm\u2011t beteili\u00adgungs\u00adman\u00adage\u00adment th\u00fcrin\u00adgen GmbH, Bran\u00adden\u00adburg VENTURES GmbH, Smart Infra\u00adstruc\u00adture Ven\u00adtures and Talanx AG. With the fresh cap\u00adi\u00adtal of \u20ac6 [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":16487,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[248],"tags":[156,159,171,176,177,210,249],"class_list":["post-16491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-2024-en","tag-cybersecurity-en","tag-investment-en","tag-thuringia","tag-bm-t-en","tag-bmt-en","tag-investeepartner","tag-erfolgsgeschichte-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/posts\/16491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/comments?post=16491"}],"version-history":[{"count":0,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/posts\/16491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/media\/16487"}],"wp:attachment":[{"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/media?parent=16491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/categories?post=16491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bm-t.de\/en\/wp-json\/wp\/v2\/tags?post=16491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}