Patchstack, a leading WordPress security company, recently made waves in the industry with the announcement of $5 million in funding and the appointment of Joost de Valk, co-founder of Yoast SEO, to its board. This significant investment will propel Patchstack towards its goal of becoming the fastest full-cycle security solution on the market.
Trusted Security Partner
Based in Estonia, Patchstack has quickly established itself as a trusted partner for WordPress security. The company boasts an impressive client roster, including major web hosts, plugins, and websites worldwide. Patchstack recently unveiled a free security tool designed to assist open-source software vendors in complying with the upcoming European Cyber Resilience Act, showcasing its commitment to staying ahead of the curve in an ever-evolving digital landscape.
Patchstack has earned the trust of industry giants such as GoDaddy, Digital Ocean, Plesk, and cPanel, as well as over 300 WordPress plugins like Elementor, WP Rocket, WP Bakery Page Builder, and Slider Revolution. With security scans conducted on over five million websites daily, Patchstack offers a free plugin for vulnerability detection and affordable real-time protection plans starting at just $5 per website per month.
Funding Details
In a recent announcement, Patchstack revealed the specifics of its $5 million funding round, stating, “Estonian cybersecurity startup Patchstack, which received a €2.7M R&D grant from the European Innovation Council in 2022, has secured an additional $5 million USD in funding to further its mission of providing comprehensive open-source security solutions. This investment will enable Patchstack to rapidly address emerging security threats and continue its track record of delivering fast and effective mitigation strategies.”
The Series A funding round was led by Karma Ventures, a venture capital fund focused on deep-tech software companies, with additional investment from G+D Ventures and Emilia Capital, the investment firm co-founded by Yoast founders Marieke van de Rakt and Joost de Valk. Joost de Valk himself expressed his enthusiasm for joining Patchstack’s board, emphasizing the company’s innovative approach to cybersecurity.
Industry Recognition
Joost de Valk’s endorsement of Patchstack speaks volumes about the company’s credibility and effectiveness in safeguarding WordPress websites. As de Valk stated in an interview with Search Engine Journal, “Patchstack is truly an exceptional company with a remarkable product. I am excited to be a part of their board.” With millions of vulnerability attacks prevented by Patchstack, it is clear that their security solutions are a must-have for any WordPress website owner looking to safeguard their online presence.
The Importance of WordPress Security
While WordPress security may not always be top of mind for website owners, it plays a crucial role in maintaining the trust of customers and site visitors. A single security breach can have far-reaching consequences, impacting both revenue and search engine rankings. Therefore, incorporating robust security measures like those offered by Patchstack should be a priority for anyone serious about protecting their online assets.
In Conclusion
Patchstack’s recent funding announcement and the addition of Joost de Valk to its board underscore the company’s commitment to innovation and excellence in the field of WordPress security. With a proven track record of success and a growing list of satisfied clients, Patchstack is poised to lead the industry in providing comprehensive security solutions for WordPress websites. Website owners looking to fortify their online defenses would be wise to consider Patchstack as a trusted partner in safeguarding their digital assets.