Swedish cybersecurity company Outpost24 has raised €19 million from Swedbank Robur and Alcur Fonder to continue expanding worldwide.

Founded back in 2001, Outpost24 helps organisations understand their IT security risks, as well as monitor and prioritise threats, across web applications and wireless/cloud network infrastructures. Nordic growth investor Monterro acquired Outpost24 in 2016.

Since then, the security company has itself acquired French provider SecludIT and Boston-based Pwnie Express, growing its footprint in Europe and the US. Outpost24’s North American headquarters is in Chicago.

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