CriteriaCaixa and Bankinter back cybersecurity startup 8Layers with €1M to boost digital identity protection offerings
Executive summary: CriteriaCaixa and Bankinter participated in a €1 million capital increase for Spanish cybersecurity startup 8Layers aimed at expanding its digital identity protection platform. The deal highlights rising institutional funding for cybersecurity focused on identity assets, signaling market confidence and potential acceleration of product development and adoption.
Who is involved: CriteriaCaixa, Bankinter, and 8Layers (founders and management).
Likely next: 8Layers will allocate the funds to enhance its technology, expand its sales team, and pursue additional partnerships or funding rounds.
CriteriaCaixa and Bankinter have joined a €1 million capital increase for Spanish cybersecurity startup 8Layers, which focuses on protecting digital identities—a critical asset for modern enterprises. The investment reflects growing institutional interest in cybersecurity solutions that safeguard identity data, a segment increasingly targeted by cyber threats. By providing early-stage funding, the banks aim to support the scaling of 8Layers' technology and market reach, while positioning themselves within the expanding cybersecurity investment landscape.
Timeline
- — CriteriaCaixa y Bankinter entran en la 'start up' de ciberseguridad 8Layers (Expansión)
Analysis — what this means
Sectors affected
- Cybersecurity identity protection
- Financial services venture investing
Key entities
Sources
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INTELLIGENCE
Social Pulse
AI estimate · not scraped