Adara has expanded its portfolio with four new investments, including its inaugural investment in Italy's Cyber Guru and the legaltech firm COUNCILBOX.
Information on the Target
Adara has recently expanded its portfolio to include four innovative companies, marking a significant milestone by stepping into the Italian market for the first time as well as entering the legaltech sector. Among these companies is Cyber Guru, which focuses on cybersecurity training, and COUNCILBOX, a pioneering platform that ensures the legal validity of virtual meetings. The investments total €8.6 million, demonstrating Adara's commitment to enhancing its portfolio with cutting-edge technology and solutions.
Cyber Guru, headquartered in Italy, specializes in educating employees about the risks associated with information security, a significant need in today’s digital landscape. Their training programs reportedly lead to a remarkable increase in phishing resilience for companies that have utilized their services.
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Industry Overview in Italy
The cybersecurity industry in Italy has been experiencing significant growth as organizations recognize the importance of protecting their digital assets. As cyber threats evolve, the demand for comprehensive
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Adara
invested in
Cyber Guru, InteleXVision, Freeverse.io, COUNCILBOX
in 2021
in a Series A deal
Disclosed details
Transaction Size: $5M