Estonia-based cybersecurity firm Blackwall raised 45 million euros (about $49 million) in new funding.
The financing round will let Blackwall double its headcount and expand into the United States and Asia-Pacific markets.
Blackwall's flagship product 'GateKeeper' defends against AI-powered bots, helping hosting service providers and managed service providers protect their hosted websites.
Fraud is on the rise, and the funding will enable Blackwall to provide effective and cost-efficient solutions to combat automated attacks.