Adara leads €1m round for CounterCraft
Spanish venture capital firm Adara Ventures has led a €1m funding round for compatriot software producer CounterCraft.
The Spanish Economy Ministry and Telefonica Open Future also took part in the funding round. The company is keen on using the capital injection to expand internationally across Europe and boost its product development.
Company
Founded in September 2015 and headquartered in San Sebastián, CounterCraft produces software focusing on the cybersecurity market.
The business claims it has adopted a counter-intelligence-driven approach to cybersecurity, using a variety of techniques to provide information about hackers and their methods.
People
Adara Ventures – Alberto Gomez (partner).
CounterCraft – David Barroso (founder, CEO).
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