Founded in 2012, Myra Security is a German technology manufacturer that offers a certified Security-as-a-Service platform to protect digital business processes. The technology monitors, analyzes, and filters malicious internet traffic, thereby preventing damage from virtual attacks. The Munich-based company's customers include the German federal government with over 500 domains and ministries such as the Federal Ministry of Health. Financial institutions such as the European Central Bank (ECB) and the Sparkassen financial portal, as well as international e-commerce players, also rely on Myra's solution.
“So far, we have grown entirely on our own, now we want to invest the new resources in even more power and performance for our customers,”
explains Myra CEO Sascha Schumann. And further:
“By working with Round2, we can further expand our services and locations to continue providing the highest level of service to our growing customer base.”
Myra Security has potential like “companies like Celonis”
Christian Czernich, CEO of Round2 Capital, is enthusiastic about the performance of Myra and the team behind it:
“We see similar potential in Myra as companies like Celonis As they have already demonstrated. With Myra, Sascha Schumann and Paul Kaffsack have everything they need to achieve their ambitious goals – an excellent reputation, powerful technology, and tremendous passion for what they do. Cybersecurity from Germany at this level has the potential to be a true global game changer."
Stefan Nagel, Partner at Round2 Capital and Business Angel, adds:
"Securing data traffic and networks is becoming increasingly important with increasing digitalization and rising value-at-risk. The two founders have established Myra as a reliable partner in this market, and their sustainable and value-oriented approach will continue to pay off in the future."
Myra Security has been part of Round2 Capital's portfolio since July 2019. According to the online database Crunchbase, the startup was not supported with a conventional investment at the time, but rather received funds in the form of debt financing. The Munich-based startup and the Viennese investor have not disclosed the exact amounts of both financing rounds.
