$2.6 Million Pre-Seed Investment for Cyber Security Startup Saporo
by Startacus Admin
Swiss startup Saporo secures major investment to support its mission of making cyber security accessible to all organisations.
Swiss cyber security startup Saporo has just secured a $2.6M pre-seed investment in a round co-led by Session VC and Lightbird Ventures. The company which was co-founded by two brothers; Oliver and Guillaume Eyries and researcher Eric Blavier, launched in April 2021 after 18 months of research and development, with the aim of making cyber security more accessible to all organisations.
Co-founder Oliver Eyries explains: “Saporo does the heavy lifting so any business can rapidly improve its security. Current methods for testing weaknesses in infrastructure are slow, labour-intensive, and take up too many resources. That’s where Saporo comes in.”
Saporo’s technology proactively stress-tests user and system access risks before attackers can exploit them. It uses machine-learning driven analysis and graph theory to test an organisation's attack surface, and the relationships between assets, users, and computers, against millions of threat scenarios.
Saporo measures how much effort would be required for attackers to compromise resources, enabling organisations to identify and prioritise paths that attackers could take in various attacks like ransomware. A sample of 10 clients working with Saporo had an average attack surface reduction of 70-90 percent within 3 months.
Benjamin Solenthaler, Managing Partner at Lightbird, commented: “With Saporo, all organisations can get ahead of any future cyber problem and be better equipped against attacks. We’re excited to back the team and see the company grow in 2022 and beyond.”
Saporo plans to use the pre-seed funding to expand its team, primarily in data science, security research and engineering development, in addition to further product development, expanding new markets and growing its customer base.
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Published on: 26th January 2022
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