DataDome, a company that provides a SaaS solution for protecting businesses against bad bots and fraud, this week announced that it raised $35 million in a Series B funding round.
The investment round, which brings the company’s total funding to nearly $40 million, was led by venture capital firm Elephant, with participation from ISAI. DataDome plans on investing the money in sales, marketing, and R&D.
DataDome has developed an AI-powered platform that processes vast amounts of data in an effort to provide protection against various types of online threats, including payment fraud, DDoS attacks, account takeover attempts, and web scraping.
The company says its solution can provide real-time bot protection for websites, mobile applications and APIs. DataDome has offices in New York, Singapore and Paris, and it claims to have more than 130 customers worldwide.
Related: Goldman Sachs Buys Anti-Bot Startup White Ops
Related: The Anti-Fraud Lifecycle
Related: Microsoft, PayPal Invest in Anti-Fraud Startup Arkose Labs
Related: PerimeterX Banks $57 Million for Bot Protection Expansion

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.
More from Eduard Kovacs
- High-Severity Privilege Escalation Vulnerability Patched in VMware Workstation
- GoAnywhere MFT Users Warned of Zero-Day Exploit
- UK Car Retailer Arnold Clark Hit by Ransomware
- EV Charging Management System Vulnerabilities Allow Disruption, Energy Theft
- Unpatched Econolite Traffic Controller Vulnerabilities Allow Remote Hacking
- Google Fi Data Breach Reportedly Led to SIM Swapping
- Microsoft’s Verified Publisher Status Abused in Email Theft Campaign
- British Retailer JD Sports Discloses Data Breach Affecting 10 Million Customers
Latest News
- Big China Spy Balloon Moving East Over US, Pentagon Says
- Former Ubiquiti Employee Who Posed as Hacker Pleads Guilty
- Cyber Insights 2023: Venture Capital
- Atlassian Warns of Critical Jira Service Management Vulnerability
- High-Severity Privilege Escalation Vulnerability Patched in VMware Workstation
- Exploitation of Oracle E-Business Suite Vulnerability Starts After PoC Publication
- China Says It’s Looking Into Report of Spy Balloon Over US
- GoAnywhere MFT Users Warned of Zero-Day Exploit
