Seven-figure financing for Enginsight

The start-up aims to identify IT security vulnerabilities in companies and ward off cyber attacks. This has now convinced new investors.

The Jena-based start-up Enginsight has raised a seven-figure sum in its latest financing round, as Startup Mitteldeutschland reports. Bm-t Beteiligungsmanagement Thüringen (the investment company of the Free State of Thuringia) and the investors Seed + Speed Ventures invested in the company. Hannover Digital Invest (Talanx) and Smart Infrastructure Ventures also participated in the round.

Founded in 2017 by Eric Range and Mario Jandeck, the company offers all-in-one cybersecurity solutions for SMEs. The software developed can check the IT security of its customers and provide recommendations for action. The software uses an intrusion detection system to detect and block cyber attacks. According to the company, the software is already being used by numerous small and medium-sized companies.

The company is using the new funding to expand its team. Enginsight has brought Claudia Wolf on board as Head of Sales and Nensi Klein and Michael Reiss as Account Managers. The marketing team is also being expanded. The aim is to raise awareness of the Enginsight brand in the DACH region.