Launched by visionary Youssef Mohamed in 2021, Buguard has positioned itself as a powerhouse in the realm of offensive security and dark web surveillance. With a robust portfolio encompassing penetration testing, vulnerability assessment, phishing simulation, threat intelligence, compromise assessment, and red teaming, the startup has set a new benchmark in the cybersecurity domain.
Steering its journey with determination, Buguard has already partnered with Egypt’s major players, including Paymob, Fawry, and EFG-Hermes, while also serving a diverse international clientele spanning countries like the United States, Australia, the United Arab Emirates, and the United Kingdom.
The funding endeavor, spearheaded by MENA venture capital A15 and backed by angel investors, heralds Buguard’s first external funding infusion, a significant milestone following its bootstrapping phase. This financial infusion will bolster the team’s growth and power Buguard’s expansion strategy in the GCC for the year ahead.
Simultaneously, Buguard unveils its latest innovation, Dark Atlas, a cutting-edge SaaS product designed to monitor the dark web and prevent account takeovers. Their comprehensive approach and an array of offerings, coupled with a subscription-based model, sets them apart from traditional solutions.
Youssef Mohamed, the brain behind Buguard, expressed his elation and gratitude for the funding support while emphasizing the pressing need to combat the escalating threats from the dark web. With plans to establish a robust presence in Saudi Arabia during 2023, Buguard is well poised to harness its newly acquired resources for significant strides in the cybersecurity landscape.
Karim Beshara, A15’s General Partner, emphasized Buguard’s unmatched domain expertise, stating: “Threats posed by ever evolving cybercriminal tactics are a serious threat to businesses, both large and small. It is becoming increasingly important to take proactive measures to protect against these threats. Buguard does just that through its security services and Dark Atlas.”