Blackwall hits $2.2B valuation with $100M Series C just weeks after joining Estonia's unicorn club

Web traffic management platform Blackwall today announced it has raised $100 million in Series C at a valuation of $2.2 billion. Last month it was reported that Blackwall reached a €1 billion valuation and ranked fifth in TopTech 2026, the annual ranking of Estonia's 30 most valuable tech companies. AVP led the round, with participation from existing investors Dawn Capital, MMC Ventures and Tera Ventures. The new round of financing accelerates Blackwall's objective to build a global traffic management ecosystem around its hosting-provider network. By connecting providers, infrastructure and technology, Blackwall aims to provide greater control over how internet traffic is managed, secured and monetised. Currently spanning bot mitigation, DDoS protection, web application firewall, load balancing, server-side encryption and management of agentic AI traffic, which is rapidly taking over the Internet, Blackwall is deployed inside the web hosting providers’ own infrastructure, identifying