UPDATED 09:00 EDT / SEPTEMBER 23 2021

SECURITY

JavaScript protection and webpage monitoring startup Jscrambler raises $15M

JavaScript protection and webpage monitoring startup Jscrambler today announced that it has raised $15 million in new funding to augment marketing and sales resources, as well as strengthen and accelerate its product roadmap to meet current customers’ expanding requirements.

Ace Capital Partners led the Series A round, with Portugal Ventures also participating.

Founded in 2014, Jscrambler provides enterprise-grade security solutions designed to secure the client side of web and hybrid mobile applications. Using Jscrambler, the company says, JavaScript applications become self-defensive and resilient to tampering and reverse-engineering while also detecting and blocking client-side attacks such as Magecart and data exfiltration.

The company argues that current browser native defenses and traditional security approaches fail to address weaknesses in the web supply chain, allowing attackers to target the client side, meaning everything that takes place on the browser or end-user device.

Jscrambler has an extensive userbase, including Fortune 500 and major companies in finance, e-commerce, broadcasting, software development and gaming. Gartner recognizes Jsrambler in the Market Guide for In-App Protection, Market Guide for Online Fraud Detection and Hype Cycle for Application Security,

With the new funding, Jscrambler is seeking to reach another groundbreaking stage in its product offering development. 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 enterprises across the globe, the new funding will also drive a new integrated solution, the company says.

The new solution is designed to ensure website owners can protect the client-side to secure user data, mitigate fraud and user hijacking, and improve compliance with regulations such as GDPR, CCPA, PSD2, HIPAA and PCI DSS through transparent, frictionless deployment, according to Jscrambler.

“We are at a critical turning point in web security,” Rui Ribeiro, Jscrambler’s co-founder and chief executive officer, said in a statement. “This year’s streak of high-profile software supply chain attacks has put everyone on guard against the massive damages inflicted when attackers breach critical applications of private and public organizations.”

Including the new funding, Jscrambler has raised $17.3 million to date, according to data from Crunchbase.

Image: Jscrambler

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