DEAL

NEON advises UVC Partners on €6 m financing round of Enginsight

25 September 2024 | NEON has successfully advised UVC Partners on the €6 million financing round of Enginsight, a German provider of an all-in-one cybersecurity platform designed specifically for small and medium-sized enterprises (SMEs).

Enginsight is committed to helping the German Mittelstand defend against the increasing threat of cyberattacks. With SMEs making up 99.4% of the German economy, many lack the necessary resources and expertise to protect themselves from these threats. Enginsight’s innovative solutions are tailored to support businesses of all sizes, from local tax consultants to larger firms with thousands of employees.

Key investors in this round include UVC Partners and Carsten Maschmeyer (seed+speed). The fresh capital will enable Enginsight to enhance its mission of safeguarding SMEs from the economic damages caused by cyberattacks, a growing concern highlighted by the significant financial impact reported in recent cybersecurity assessments.

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