Ellex has advised Estonian-based Blackwall on its EUR 45 million series B funding round led by Dawn Capital with participation from existing investors.
Blackwall is an AI-enabled security and web infrastructure company.
According to Ellex, the new investment will enable Blackwall to double its headcount, accelerate growth, and expand further into the U.S. and APAC markets.
The Ellex team included Partner Antti Perli and Senior Associate Alla Kuznetsova.
Ellex did not respond to our inquiry on the matter.
