Wavemaker backs $2.3m seed round of SG cybersecurity firm

Singapore-based watchTowr, a cybersecurity startup, has raised US$2.3 million in a seed round participated by Wavemaker Partners and Vulcan Capital. The firm also launched its Continuous Attack Surface Testing (CAST) solution today.

WatchTowr founder and CEO Benjamin Harris / Photo credit: watchTowr

Established in 2021, watchTowr aims to help companies manage and secure their businesses and give them a holistic view of their security posture. The company’s CAST solution comes as remote working practices and adoption of cloud tech continue to rise, potentially opening businesses up to more security vulnerabilities.

WatchTowr was founded by Benjamin Harris, who has over a decade of experience building and leading cybersecurity teams. He is also a board member of Crest, an industry accreditation and certification body.

The startup will use the new funds to scale its CAST solution, which is already being used by companies in Southeast Asia’s banking, insurance, fintech, and other tech industries. It will also make new additions to its team of cybersecurity experts.

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