Link11 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.”
About Pride Capital Partners
Pride Capital Partners supports and invests in profitable and growing businesses in the Software and IT industry. By combining private debt and equity, Pride Capital Partners enables software and IT entrepreneurs in realizing their growth ambitions. Typical scenarios include growth, acquisitions and management buy-out (MBO) transactions. The focus is on Benelux, DACH-region and Nordic companies. Pride Capital Partners has offices in Amsterdam, Cologne and Copenhagen.
The funding of Pride Capital Partners is provided by its own shareholders, institutional investors, wealthy individuals, family offices and (former) entrepreneurs. The portfolio includes Fivespark, Carya, Ixly, Dileoz, Matrixian, Archipel Academy, ScanmarQED, Netaxis Solutions, Fairbanks, Blue Field Agency and Spotzer Digital in the Benelux region. In the DACH-region, the portfolio includes Architrave, GBC Gruppe, Talentsconnect, moveXM, Kendox, eKomi and Link11. In the Nordics, Pride Capital invested in EasyTranslate.
