Belgian cybersecurity startup becomes unicorn
Belgian cybersecurity startup Aikido Security has achieved unicorn status, reaching a $1 billion valuation after a $60 million Series B funding round, a significant achievement for a European security company. This milestone underscores the growing focus on developer-centric security solutions and the increasing demand for robust cybersecurity measures within the European tech ecosystem. The investment, led by DST Global, highlights the confidence in Aikido's innovative approach to cybersecurity. Aikido Security, founded in 2022, has rapidly attained its billion-dollar valuation within three years, a feat that company sources claim is the fastest in Europe for a cybersecurity firm. The funding round also involved participation from PSG Equity, Notion Capital, and Singular. This influx of capital will be used to further develop and expand Aikido's developer-focused security platform, enhancing its capabilities and market reach. This development affects software developers and organizations seeking advanced cybersecurity solutions. The success of Aikido Security signifies the growing maturity of the European tech market and its ability to foster innovative companies. It also suggests a shift towards prioritizing security within the software development lifecycle, potentially influencing future investment in similar platforms.
Curated and translated by Europe Digital for our multilingual European audience.
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