Seraphic Safety, a pacesetter in enterprise browser safety, has introduced it has secured a US$29-million series-A funding spherical led by GreatPoint Ventures (GPV), with participation from the CrowdStrike Falcon Fund and present buyers Planven, Cota Capital, Storm Ventures, Eastlink and Safe Octane. This milestone will permit the organisation to speed up its product highway map and market growth in North America and Europe, the Center East and Africa.
“With the rise of SaaS purposes and a hybrid workforce, browsers have turn out to be a vital assault floor for at present’s adversaries,” mentioned Michael Sentonas, president at CrowdStrike. “Seraphic Safety’s distinctive but easy strategy solves a vital hole in enterprise browser safety, which is why we invested on this progressive expertise and group.”
Request a demo to see Seraphic Safety in motion — contact Patrick Devine from Solid8 Applied sciences at [email protected]
On the heels of great progress, with a 300% ARR (accounting price of return) enhance yr on yr, Seraphic Safety has emerged as an enterprise browser safety chief with rising adoption by Fortune 500 enterprises. This momentum stems from Seraphic’s breakthrough strategy to browser safety: making a patented abstraction layer that successfully screens, randomises and secures the browser.
“Browsers dominate the enterprise, but they aren’t safe sufficient,” mentioned Ray Lane, managing companion at GreatPoint Ventures. “Seraphic is rising as a strong drive within the quickly rising enterprise browser safety market.”
“As enterprises rush to safe the browser, this series-A funding is a testomony to the market’s recognition of Seraphic’s progressive strategy to addressing a vital and rising want within the enterprise market – serving to organisations mitigate browser vulnerabilities whereas decreasing the associated fee and complexity of their safety structure,” mentioned Ilan Yeshua, CEO and co-founder at Seraphic Safety. “Our focus can be on scaling our operations in North America and Emea, accelerating progress, and persevering with to ship unparalleled worth to our clients.”
About Seraphic Safety
Seraphic is a pacesetter within the quickly rising enterprise browser safety market, pushed by its patented expertise that turns any browser right into a safe browser with strong safety and detection capabilities. Seamlessly and simply deployed, Seraphic additionally allows safe entry to SaaS and personal internet purposes to workers and third events from managed and private gadgets with out the complexity and value of VDI and VPN. Invisible to the end-user, Seraphic helps all browsers and SaaS desktop purposes like Groups, Slack, Discord and WhatsApp. For extra info, please go to seraphicsecurity.com.
About GreatPoint Ventures
GreatPoint Ventures is an early-stage enterprise capital agency based by entrepreneurs and operators who’ve constructed firms cumulatively value $300-billion. Our mission is to companion with entrepreneurs fixing large issues throughout enterprise, healthcare, biotech and meals. GPV makes fewer than 10 new investments per yr, so we’ve got time to struggle within the trenches with each group we again. Be taught extra at www.gpv.com.
About CrowdStrike Falcon Fund
The CrowdStrike Falcon Fund is a cross-stage funding fund and the biggest company enterprise arm within the cybersecurity business. The programme is designed to construct an ecosystem of next-generation safety leaders that share a standard mission via a novel mixture of funding and deep technical integrations with the CrowdStrike Falcon platform, giving CrowdStrike clients entry to cutting-edge third-party capabilities. Request a demo to see Seraphic Safety in motion. Contact Patrick Devine from Solid8 Applied sciences at [email protected].
