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Sweepatic: proactive protection against cyber attacks

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Sweepatic is the first to provide an automated solution for mapping, monitoring and managing attack surfaces in Europe.

Roald Borré, Group Manager Venture Capital at PMV

Sweepatic specialises in ‘attack surface management’ (ASM): it examines the digital footprint of companies, scanning for potential places where unauthorised people could gain access to the business system. With the insights from the Leuven-based scale-up, companies can proactively protect themselves against cyber attacks. In a new investment round, it secured EUR 2.8 million, including from PMV.

Through continuous monitoring, Sweepatic’s cloud-based platform collects an immense amount of data on the ‘attack surface’ that could potentially form the basis for cyber attacks. In doing so, Sweepatic uses advanced techniques such as data enrichment and analytics based on artificial intelligence: modules that are deployed side by side and enrich each other to provide a complete and accurate overview of internet risks. Based on those insights, the platform generates easily deployable security actions.

Digital complexity

Roald Borré, Group Manager Venture Capital at PMV, is confident in Sweepatic’s potential: “Digital complexity has increased sharply in many companies in recent years, while cyber security often lags behind. Sweepatic is the first player with an automated solution for mapping, monitoring and managing attack surfaces in Europe. It is precisely the automation and continuous monitoring that sets them apart from the competition and makes Sweepatic a unique player in the market.” Sweepatic’s customer base includes Lineas, Ziekenhuis Netwerk Antwerpen, Reynaers Aluminium, National Lottery, Sibelga and Flanders Make.

Partners in ambition at Sweepatic

In a new investment round last year, the scale-up raised EUR 2.8 million. The capital comes from TIIN Capital’s Dutch Security Techfund, German eCapital and PMV. Sweepatic aims to use the capital to strengthen their position in the European ASM market.

Also in 2021, Sweepatic received the Cybersecurity Label ‘Made in Europe’. That label is awarded by the European Cybersecurity Organisation (ECSO) and underlines a company’s European identity and the reliability of the solutions it offers. Meanwhile, Sweepatic gained recognition outside Europe as well, winning two awards in the US.

Investment team Sweepatic

Michaël Raes Investment manager michael.raes@pmv.eu
Vincent Hebbelynck Business manager ICT vincent.hebbelynck@pmv.eu +32 (0)2 274 63 37