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D3A Investments Stewards True Airgap Startup Goldilock to USD 1 Million+ Seed Round

Investor appetite for innovative cybersecurity solutions sees oversubscription of investment round

[London] 20.07  2021 – D3A has successfully managed Goldilock’s oversubscribed seed round. Closing out at over $ 1 million, the intense interest by existing angel investors as well as new investors is indicative of the market sentiments this segment is attracting.

Despite the global pandemic, 2020 was a record year for cybersecurity investments according to Crunchbase, with over $7.8 billion invested in the industry globally. In 2021, over $3.7 billion in cybersecurity investments has already been recorded by the end of Q1. That is on track to break the record set in 2020.

“Whilst a spectacular performance by the industry, this intense investor interest in cybersecurity should come as no surprise, going hand in hand with both heightened cyberthreat levels across the board and resulting growing sales by information security vendors”, commented Richard Shearer, Managing Partner at D3A Investments, adding: “We are already fielding calls about the next investment round. For now, though, the team at Goldilock is preparing Proof-of-Concepts with several ‘household brands’, investing in R&D, implementing hosted solutions in data centers and fielding client installation requests.”

Goldilock’s CEO and Founder, Tony Hasek, points out that “the last 30 years has seen exponential adoption of the internet and the last decade especially has seem a massive migration of data to the cloud. However, this hyperconnectivity has made the common user, as well as governments and companies, a prime target for criminal activity”. Explaining further, he adds that “protecting networks, systems and data from cyber-attacks has thus become a must for anyone connecting to the Web. The global cyber security market size was estimated at $ 167.13 billion in 2020 and is expected to reach $ 179.96 billion in 2021. It is a significant vote of confidence by our investors that they recognize Goldilock’s unique patented offline True Airgap solution as being a ‘must-have’ in a cybersecurity stack.”

Goldilock’s CEO Tony Hasek

Hot on the heels of receiving a patent for its True Remote Automated Airgap Security, this Seed round financing came as Goldilock signed its first Value Added Distributor, Cefiros, for the Iberic and Latin American cybersecurity markets in March 2021. Earlier in the year Goldilock also announced the win of Fintech Moneyzoom for part of their cybersecurity solutions as well as being accepted into Hub71, Abu Dhabi’s global tech ecosystem, for an extended residency program.

Justin Gan, an investor who partook in this seed round, feels that “Goldilock provides the ultimate security solution, true air gapped security. As an investor I am looking for a niche product that is a solution to an existing worldwide problem with solid IP protection and a scalability that allows for exponential growth.”

How does Goldilock work

Jon Gruen, Founding Partner at Gothams, has been watching Goldilock’s rise: “Part of the satisfaction of an acceleration process is seeing our startups growing, expanding and experiencing success,” adding “Goldilock took part in the Mubadala partnered Gothams Hub71 acceleration program in Q4 2020, which supports next generation aerospace and defense start-ups. The positive response from seed investors to their Airgap concept is honestly no surprise to us and we expect that the Goldilock True Airgap solution will be embraced by multiple vertical sectors.

This sentiment is echoed by Magdalena Balcerzak, Manager at Vestbee. “Our work as Vestbee, the biggest matchmaking platform in CEE for start-ups and investors, involves uncovering for the world regional start-up gems that have the potential to scale. Goldilock was voted into 3rd place of our Vestbee CEE Scaleup Challenge as they stand out from other companies by presenting an interesting and innovative Airgap offering appreciated by a wide network of leading investors. We cross our fingers for their further successes!”

Cybersecurity Ventures predicts global cybercrime costs will grow by 15% percent per year over the next five years, reaching $10.5 trillion  annually by 2025. This is leading more and more companies in all segments to take a long, hard look at the quality of their cybersecurity solutions.

ABOUT D3A INVESTMENTS

D3A Investments is a global technology investment and consulting firm working with carefully selected inventors and entrepreneurs to nurture their world-changing technologies. D3A’s partners represent a wealth of experience in industry, law, finance and marketing, delivering both unrivalled advice to tailor client products for the commercial market and connect start-ups with a group of previously unreachable mainstream investors of high wealth and aspiration.

D3A Investments trades under D3A LLP and is a Limited Liability Partnership. For further information consult D3A Investments’ Website.

ABOUT GOLDILOCK

Goldilock is a simple yet revolutionary next generation patented technology that secures sensitive data and critical infrastructure on the internet and internal networks by utilising a True Airgap, which can be controlled without using the internet via out-of-band trigger mechanisms. Founded in 2017, Goldilock recently successfully exited the Mubadala x Gothams x Hub71 accelerator in Abu Dhabi. In December 2020 Goldilock was voted a top 3 Central and Eastern European Scaleup in the VestBee CEE Scaleup Challenge. In January 2021, Goldilock was accepted to Hub71, Abu Dhabi’s global tech ecosystem, where it will gain access to a range of incentives, commercial and investment opportunities to support the company’s growth. Goldilock closed its oversubscribed Seed investment round at the end of May, raising more than $ 1 million.

See via following link Goldilock’s CEO and Founder Tony Hasek presenting the firm.

Goldilock hardware

For more information, please contact:

D3A Investments Regina Karoline Schueller, Associate Partner + 49 160 979 23 686 [email protected]Goldilock Paul Kucera, VP Communications + 420 602 325650 [email protected]

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