BaltCap, together with lead investor Novator Ventures, General Catalyst and Burda Principal Investments, has participated in a USD100 million financing round in Nord Security, a global specialist in internet privacy and security solutions.
BaltCap, together with lead investor Novator Ventures, General Catalyst and Burda Principal Investments, has participated in a USD100 million financing round in Nord Security, a global specialist in internet privacy and security solutions.
Angel investors including Ilkka Paananen (CEO, Supercell), Miki Kuusi (CEO, Wolt) and Matt Mullenweg (CEO, Automattic) also joined the round.
BaltCap managed funds increasingly focus on the fast-growing companies of the Nordic region. NordicNinja VC fund, a joint venture by BaltCap and JBIC IG Partners, has invested already in four companies with unicorn status – Bolt, Veriff, Einride, and Voi.
Nord Security was founded in Lithuania in 2012 by Tom Okman (co-CEO) and Eimantas Sabaliauskas (co-CEO) to create an internet security and privacy tool that was easily accessible for everyone.