Loading organizations...
Based in The Hague, Netherlands, Eye Security provides subscription-based cybersecurity and insurtech solutions that combine continuous network monitoring, incident response, and integrated cyber insurance for European businesses. The organization delivers these bundled services through a fixed monthly fee model designed to provide standardized digital security infrastructure to mid-market organizations. Its customer base spans multiple sectors, specifically targeting small and medium-sized enterprises with up to €250 million in annual turnover, including local governments, hospitals, and production companies. Operating with a workforce of over 70 employees, the enterprise secured €21.5 million in total venture funding throughout 2022. This financial backing includes a €17 million investment round led by Bessemer Venture Partners, following earlier capital injections from the Dutch Security TechFund managed by TIIN Capital. Eye Security was founded in 2020 by Job Kuijpers, Piet Kerkhofs, and Vincent van de Ven.
Eye Security has raised $62.0M across 3 funding rounds.
Eye Security has raised $62.0M in total across 3 funding rounds.
Eye Security has raised $62.0M across 3 funding rounds. Most recently, it raised $39.0M Series B in March 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2024 | $39M Series B | — | Apax Partners, Bessemer Venture Partners, Credo Ventures, Norwest Venture Partners, SAP.iO, TIIN Capital, TIN Capital, Ilya Meshkov | Announced |
| Nov 1, 2022 | $18M Series A | — | Apax Partners, Bessemer Venture Partners, Credo Ventures, Norwest Venture Partners, SAP.iO, Ilya Meshkov | Announced |
| Apr 1, 2022 | $5M Seed | — | Bessemer Venture Partners, TIIN Capital, TIN Capital | Announced |
Eye Security has raised $62.0M in total across 3 funding rounds.
Eye Security's investors include Apax Partners, Bessemer Venture Partners, Credo Ventures, Norwest Venture Partners, SAP.iO, TIIN Capital, TIN Capital, Ilya Meshkov.
# Eye Security: Europe's Expert-Led Cybersecurity Platform
Eye Security is a managed cybersecurity services provider that delivers threat detection, incident response, and cyber insurance to small and medium-sized enterprises across Europe[1][2]. Founded in 2020 and based in The Hague, Netherlands, the company has raised $61.53M and serves over 750 customers across sectors including logistics, manufacturing, professional services, and healthcare[1][2].
The company's core mission centers on simplifying enterprise cybersecurity by combining AI-powered detection with expert human oversight, eliminating the need for organizations to build expensive internal security operations centers (SOCs)[2]. Rather than selling point solutions, Eye Security positions itself as an all-in-one platform integrating managed extended detection and response (XDR), 24/7 threat hunting, incident response with an average four-minute response time, security awareness training, and cyber insurance[1][2]. This bundled approach targets the market gap where mid-market businesses need institutional-grade security but lack the budget and expertise to build it internally.
Eye Security emerged in 2020 during a period of accelerating cyber threats and growing security talent shortages across Europe[1][3]. The company was founded with a specific insight: most SMEs face a binary choice between expensive, complex security infrastructure or inadequate protection. The founding team recognized that European businesses needed a localized alternative to global security vendors—one that understood regional compliance requirements, spoke local languages, and could provide rapid response without the overhead of enterprise licensing models[2][4].
The company's early traction has been substantial. Within roughly five years, Eye Security grew to serve 750+ customers and achieved recognition as a "Highflier" among emerging cybersecurity firms, positioning itself alongside established competitors like Coalition and Cowbell Cyber[1]. This growth reflects both strong product-market fit in the European mid-market and the structural tailwinds of rising cyber insurance requirements and regulatory pressure.
Eye Security operates at the intersection of three powerful market trends. First, the managed services consolidation wave is reshaping cybersecurity—enterprises increasingly prefer bundled, outcome-based services over point solutions, and Eye Security's all-in-one platform directly addresses this shift[1][2]. Second, cyber insurance is becoming mandatory, driving demand for managed detection and response as a prerequisite for coverage; Eye Security's integrated insurance offering positions it as a one-stop risk mitigation solution[1]. Third, the cybersecurity talent crisis continues to worsen, particularly in Europe, making managed SOC services essential for mid-market organizations that cannot compete for top security talent[2][4].
The company also benefits from regional tailwinds. European regulatory frameworks (GDPR, NIS2) create compliance complexity that favors local, specialized providers over global vendors. Additionally, European enterprises increasingly prefer vendors that keep data within the region and understand local business practices—a structural advantage Eye Security leverages against US-headquartered competitors[2][4].
Eye Security exemplifies the next generation of cybersecurity infrastructure: outcome-focused, human-augmented AI, and regionally optimized. Rather than selling tools, the company sells peace of mind and operational efficiency—a positioning that resonates with resource-constrained mid-market buyers.
Looking ahead, Eye Security's trajectory will likely be shaped by three factors. First, consolidation pressure: as the managed security services market matures, larger players may acquire regional leaders like Eye Security to expand European footprints. Second, insurance integration deepening: cyber insurance will increasingly become the primary distribution channel for managed detection services, making Eye Security's bundled model a competitive advantage. Third, AI commoditization: as detection algorithms become commoditized, the company's differentiation will depend on maintaining superior human expertise and response speed—a challenge that requires continuous talent investment.
The company's growth from zero to 750+ customers in five years suggests strong product-market fit, but the real test lies ahead: can Eye Security scale beyond the European mid-market without losing the localization and expertise that define its brand? If it executes well, Eye Security could become a blueprint for how regional cybersecurity champions compete in a global market.
