Frankfurt am Main/Cologne, 20. December. Link11, a specialized European IT security provider, has successfully closed another financing round with the Dutch investor Pride Capital Partners. The software and IT investor has acquired a minority stake in Link11 and is also providing additional mezzanine financing. With the investment totaling EUR 26.5 million, the Frankfurt-based IT security specialist intends to drive its continuous growth, both organically and inorganically.
The new funds will create space for the planned product developments and the international go-to-market strategy. Founded in 2005 as a managed service provider (MSP) for low-latency applications, Link11 is now one of the leading European providers of IT security solutions for performance, network and web protection.
Headquartered in Frankfurt am Main, the company offers a pioneering global security cloud platform that protects the digital value creation of companies around the world against devastating cyber attacks. Link11's patented technology automatically detects and defends against DDoS attacks. The scalable solutions are offered as a Software-as-a-Service (SaaS) model. Link11 is also constantly developing its product portfolio in order to remain a leader with innovative offerings. For this reason, the market categories Network Security & Observability, Web Application & API Protection and Web Performance are continuously being expanded in order to establish cyber security as a competitive advantage for customers.
Jens-Philipp Jung, Founder & CEO of Link11: "We are delighted that the investment from Pride Capital Partners will allow us to take the next steps and continue the relationship we have had since 2019. In spite of the current economic uncertainty, we had several attractive offers for investment but decided on Pride Capital. Having such a strong partner with many years of experience in financing the growth of B2B companies in the SaaS sector brings us closer to our goal of making the internet a safer place."
Lars van 't Hoenderdaal, Managing Partner of Pride Capital Partners: "Link11 has experienced above-average growth in recent years. We are pleased to continue to support the company in its product development and future expansion strategy. The investment marks a milestone and strengthens our position as a strategic partner. We are convinced of its innovative strength and want to help Link11 continue to make an outstanding contribution to cyber security."
Link11 is a specialized European IT security provider with headquarters in Germany and global locations. The company offers cloud-based security solutions for performance, network and web protection. According to the consensus of analysts (Frost & Sullivan, Gartner, etc.), Link11 offers high-quality protection of all relevant OSI layers and against all forms of DDoS attacks, including unknown ones, within seconds.
The technological basis for this is Link11's patented DDoS protection, which relies on machine learning and consistent automation. Link11's own global multi-terabit network with currently 42+ PoPs (Points Of Presence), which connects the DDoS filter clusters, is monitored around the clock by the Link11 Security Operations Center.
The company is recognized by the German Federal Office for Information Security (BSI) as a qualified provider of DDoS protection for critical infrastructures and meets the highest data security standards with ISO 27001 certification.