{"id":592590,"date":"2023-08-08T00:00:00","date_gmt":"2023-08-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/08\/cybersecurity-firm-buguard-closes-usd-500k-seed-round\/"},"modified":"2023-08-08T00:00:00","modified_gmt":"2023-08-08T00:00:00","slug":"cybersecurity-firm-buguard-closes-usd-500k-seed-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/08\/cybersecurity-firm-buguard-closes-usd-500k-seed-round\/","title":{"rendered":"Cybersecurity firm Buguard closes USD 500k seed round"},"content":{"rendered":"

Egypt-based cybersecurity startup <\/strong>Buguard<\/a><\/strong> has raised USD 500k <\/strong>in a seed round led by MENA venture capital firm A15 and with the participation of a number of unnamed angel investors, it said in a press release (pdf)<\/a>. This marks the company\u2019s first external funding round since its launch in 2021.<\/p>\n

Buguard? <\/strong>Founded in 2021 by CTO Youssef Mohamed (LinkedIn<\/a>), the cybersecurity firm\u2019s customers include local businesses Paymob, Fawry, EFG Hermes, and Thndr, among others. <\/p>\n

Buguard plans to expand in the GCC: <\/strong> The firm plans to use the proceeds to grow its team, \u201cfocusing on product, sales, and channel partnerships,\u201d the release reads. \u201cWe are already globally facing with clients across the world, but our immediate strategy is to grow even stronger in the GCC,\u201d Mohamed said. The company is planning to expand into Saudi Arabia this year, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"

The startup plans to tap the KSA this year<\/p>\n","protected":false},"author":1,"featured_media":592591,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[1066,11032,377,72,95,200],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-a15","tag-buguard","tag-cybersecurity","tag-enterpriseam","tag-startup-watch","tag-venture-capital","wpautop","entry"],"acf":{"mongo_id":"1407d21c-6197-46bb-96a0-c4705efa7ed7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/8\/311.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian cybersecurity firm Buguard closes USD 500k seed round","related_issue":[592576],"teaser":"The startup plans to tap the KSA this year","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/8\/.c887a22b-acbc-4798-a8a8-da83779b8fb6.mp3"},"yoast_head":"\nCybersecurity firm Buguard closes USD 500k seed round - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/08\/cybersecurity-firm-buguard-closes-usd-500k-seed-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cybersecurity firm Buguard closes USD 500k seed round\" \/>\n<meta property=\"og:description\" content=\"The startup plans to tap the KSA this year\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/08\/cybersecurity-firm-buguard-closes-usd-500k-seed-round\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-08T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/311.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/08\/cybersecurity-firm-buguard-closes-usd-500k-seed-round\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/08\/cybersecurity-firm-buguard-closes-usd-500k-seed-round\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Cybersecurity firm Buguard closes USD 500k seed round\",\"datePublished\":\"2023-08-08T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/08\/cybersecurity-firm-buguard-closes-usd-500k-seed-round\/\"},\"wordCount\":147,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/08\/cybersecurity-firm-buguard-closes-usd-500k-seed-round\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/311.jpg?fit=%2C&ssl=1\",\"keywords\":[\"A15\",\"Buguard\",\"cybersecurity\",\"EnterpriseAM\",\"Startup watch\",\"venture capital\"],\"articleSection\":[\"Startup watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/08\/cybersecurity-firm-buguard-closes-usd-500k-seed-round\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/08\/cybersecurity-firm-buguard-closes-usd-500k-seed-round\/\",\"name\":\"Cybersecurity firm Buguard closes USD 500k seed round - 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