Egyptian Startup Buguard Raises USD 500 K Seed Round

Buguard, a Cairo-based offensive security and dark web monitoring company announces the successful completion of a USD 500 K seed fundraise. The fundraise was led by A15 with participation from angel investors. The funding will be used to grow Buguard’s team, focusing on product, sales, and channel partnerships.

Founded in 2021, Buguard offers offensive security services including penetration testing and vulnerability assessment, phishing simulation, compromise assessment, threat intelligence and red teaming. The company claims that it has developed a global client base spanning Saudi Arabia, the United States, France, Australia, Japan, the United Kingdom, Singapore, and the United Arab Emirates. The startup has also announced the official launch of Dark Atlas, its new SaaS product for dark web monitoring and account takeover prevention.