Blackwall raises $100M at $2.2B valuation for web traffic platform

Estonia-based Blackwall, which builds a web traffic management and bot-protection platform, raised $100 million in Series C funding at a $2.2 billion valuation. AVP led the round with participation from Dawn Capital, MMC Ventures and Tera Ventures. Its flagship GateKeeper product filters malicious bots, DDoS attacks and brute-force attempts before traffic reaches client applications.

• Series C round: $100M at a $2.2B valuation
• AVP led the round, joined by Dawn Capital, MMC Ventures and Tera Ventures
• GateKeeper filters bots, DDoS and brute-force traffic before client apps
• The web hosting market was valued at $150B in 2025