Czech cybersecurity company Whalebone has raised €13.35 million in Series B funding with backing from London-based Unbound and existing investors.
👯 Founders: Richard Malovic
🗓 Founding year: 2016
🏰 Industry: Cybersecurity / Telecommunications
💥 Problem: Growing cyber threats targeting individuals, businesses, and telecom networks.
📣 Solution: DNS-based cybersecurity solutions protecting telecom operators, enterprises, and public institutions.
👥 Customers: 350+ communications service providers (CSPs), public institutions, enterprises, and global telco partners.
🌱 Stage: Series B
💰 Investment amount: €13.35 million ($14 million)
🚀 Funded by: Unbound (London-based) with participation from existing investors, including Day One Capital.
👁💨 Investor’s perspective: “Our deep firsthand understanding of telecoms gives us a clear view of the challenges in building a telco-first cybersecurity solution, and we are impressed by how Whalebone has created a proposition that benefits both operators and their subscribers. We are thrilled to lead this investment and look forward to leveraging our experience and networks to fuel Whalebone’s next stage of growth,” – Shravin Bharti Mittal, Founder and CEO of Unbound.
“We are extremely pleased with how Whalebone has executed its early-stage vision and continues to remain bold. Having worked with Richard and Robert for five years, I can confidently say that Whalebone is on track to become one of the region’s superstars.” – Gyorgy Simo, Managing Partner at Day One Capital.
💡 It will be spent on: Geographical expansion (APAC, LATAM, MEA), accelerating the product roadmap, enhancing threat intelligence, growing enterprise and public sector reach, and scaling customer success.
💬 In their own words: “We have always been strategic in our growth, and this funding will help us scale our business while staying committed to our mission of protecting 1 billion people.” – Richard Malovic, CEO of Whalebone.
💪 Their specialty: DNS-based cybersecurity solutions, leading the European Union’s DNS4EU initiative for a secure and resilient internet.
🔑 Business model: B2B SaaS, offering cybersecurity solutions to telcos, enterprises, and public institutions.
👩🏫 Market: Global cybersecurity market with strong traction in Europe, APAC, LATAM, and MEA.
📊 Traction: 350+ CSPs, European Commission endorsement for DNS4EU leadership, and partnerships with CERTs, universities, enterprises, and governments.
