Client-side web security provider Jscrambler on Wednesday announced receiving a $5.2 million investment from Iberis Capital, which brings the total raised by the company to over $23 million.
Founded in 2014, the Porto, Portugal-based company provides client-side protections for e-commerce transactions and for web and mobile services.
Jscrambler’s solutions help organizations secure their front-end JavaScript code in real-time, focusing on preventing threats to clients’ data, and keep first-party code secure through obfuscation and other techniques.
The company can detect tampering or unauthorized changes to payment pages, protect against formjacking and digital skimming attacks, while also preventing intellectual property theft and other types of data breaches.
Additionally, Jscrambler says it can prevent web supply chain attacks by monitoring script execution, preventing vulnerability exploitation, detecting modifications in third-party resources, and detecting anomalous behavior.
The new funding, the company says, will allow it to invest in the prevention of web skimming attacks, enabling businesses to achieve PCI DSS v4 compliance.
Per the PCI DSS v4 requirements 6.4.3 and 11.6.1, organizations are required to secure websites that capture payment card data against web skimming, and many of them lack the necessary client-side tools to secure cardholder data, Jscrambler says.
“With the PCI compliance deadline rapidly approaching, the urgency for effective client-side protection solutions has never been greater. This funding round from Iberis Capital will enable us to address this immediate pressing need while accelerating our investments in innovation and research to ensure our clients are always prepared for the challenges of tomorrow,” Jscrambler CEO and co-founder Rui Ribeiro said.
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