Pressrelease: Baffin Bay Networks successfully closes seed-round, appoints two experienced industry figures to Baffin Bay Networks Board

Baffin Bay Networks has successfully closed its seed-round, attracting capital that will enable the company to continue the development of its globally distributed Threat Protection Centers.

“The total amount of investment is not officially disclosed, but it will allow the company to execute on its aggressive development plans and secure further capital to build out the initial go-to market team to target Europe and Middle East,” says Joakim Sundberg, CEO, Baffin Bay Networks.

The company is also delighted to welcome Mikael Munck, (Investor and Chairman of Copenhagen FinTech), and Michel André, (former CTO at SAXO Bank), to the Board of Directors of Baffin Bay Networks. 

“Mikael and Michel bring great value to the company, and will help guide the company through its initial expansion phase,” says Sundberg.