Munich — Myra Security receives another round of financing from Round2 Capital. The cyber security company is focusing on expansion in times of growing digitalization. LUTZ | ABEL advises Round2 Capital on investment in Myra Security. Round2 Capital is a Vienna-based investor, with a focus on scale-ups.
The Munich-based cyber security company offers its customers a Security-as-a-Service cloud platform to protect their own data traffic as well as networks from potential cyber attacks. The cyber security provider counts customers such as the German government, various ministries, the European Central Bank, various financial institutions and global e‑commerce players among its customers. Against the backdrop of growing digitization, demand is increasing for solutions to protect these often highly sensitive data volumes from attack.
As a German provider, Myra Security is already well positioned in the German and European markets. Through the investment, the company aims to further expand, develop its service and increase its brand awareness.
Advisor Round2 Capital GmbH: LUTZ | ABEL Rechtsanwalts PartG mbB
The consulting team around Jan-Phillip Kunz, LL.M. (Lead, VC / M&A, Munich) consisted of Dr. Cornelius Renner (IT Law and Data Protection, Berlin), Ute Schenn (Corporate Law, Stuttgart) and Carolin Lang, LL.M. (VC / M&A, Munich) together.
Advisor Myra Security GmbH: Baker Tilly (Daniel Laws)