Client-side web security provider Jscrambler on Thursday announced that a $15 million Series A financing round led by Ace Capital Partners. Existing investors Sonae IM and Portugal Ventures also participated.
The company said the investment will be used to expand marketing and sales initiatives in the United States and across Europe, as well as accelerate product roadmap to better meet customer demand.
The security firm also says the funding will help it deliver an integrated solution aimed at protecting user data, fraud mitigation, and user hijacking prevention, while also ensuring regulatory compliance.
Jscrambler claims its client-side web security solution can address web supply chain weaknesses that browsers can’t defend against, thus preventing potentially damaging data breaches.
“We are at a critical turning point in web security. 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,” said Rui Ribeiro, Jscrambler co-founder and CEO.
Founded in 2014, Jscrambler is headquartered in Porto, Portugal, with offices in Lisbon, Portugal and Los Angeles, California. The company focuses on protecting the client-side of e-commerce transactions or web and mobile services.
Related: Identity Solutions Provider Saviynt Raises $130 Million
Related: Neosec Emerges From Stealth With $20.7 Million in Funding
Related: SolCyber Emerges From Stealth With $20 Million Series A Funding

More from Ionut Arghire
- European Telecommunications Standards Institute Discloses Data Breach
- Johnson Controls Ransomware Attack Could Impact DHS
- CISA Kicks Off Cybersecurity Awareness Month With New Program
- Silverfort Open Sources Lateral Movement Detection Tool
- Generative AI Startup Nexusflow Raises $10.6 Million
- Researchers Extract Sounds From Still Images on Smartphone Cameras
- Hackers Set Sights on Apache NiFi Flaw That Exposes Many Organizations to Attacks
- Cloudflare Users Exposed to Attacks Launched From Within Cloudflare: Researchers
Latest News
- European Telecommunications Standards Institute Discloses Data Breach
- Number of Internet-Exposed ICS Drops Below 100,000: Report
- Johnson Controls Ransomware Attack Could Impact DHS
- Unpatched Exim Vulnerabilities Expose Many Mail Servers to Attacks
- CISA Kicks Off Cybersecurity Awareness Month With New Program
- Recently Patched TeamCity Vulnerability Exploited to Hack Servers
- Silverfort Open Sources Lateral Movement Detection Tool
- Bankrupt IronNet Shuts Down Operations
