Ace Capital Partners led Series A, with participation from Portugal Ventures.
The company claims that native browser defenses and traditional security approaches fail to address weaknesses in the web supply chain, allowing attackers to target the client side – that is, whatever happens. happens on the end user’s browser or device.
Jscrambler has a large user base, including Fortune 500 and major ccompanies in finance, e-commerce, broadcasting, software development and games. Gartner recognizes Jsrambler in the Market Guide for In-App Protection, Market Guide for Online Fraud Detection and Hype Cycle for Application Security,
With this new financing, Jscrambler seeks to take a new step in the development of its product offering. Having established itself as the standard in client-side web security with technology that protects the source code of web and mobile applications for thousands of businesses around the world, the new funding will also result in a new integrated solution, said the society.
The new solution is designed to ensure that website owners can protect the client side to secure user data, mitigate user fraud and hijacking, and improve compliance with regulations such as GDPR, CCPA, PSD2, HIPAA and PCI DSS through transparent and frictionless deployment, according to Jscrambler.
“We are at a critical juncture in web security,” said Rui Ribeiro, co-founder and CEO of Jscrambler, in a statement. “This year’s spate of large-scale attacks on the software supply chain has warned everyone about the massive damage inflicted when attackers break into critical applications of private and public organizations.
Including the new funding, Jscrambler has raised $ 17.3 million to date, according to data from Crunchbase.