Seraphic Security, a leader in enterprise browser security, announced it has secured $29 million in a Series A funding round, enabling the organization to accelerate its product roadmap and market expansion in North America and EMEA.
The funding round was led by GreatPoint Ventures (GPV), with participation from the CrowdStrike Falcon Fund, and existing investors Planven, Cota Capital, and Storm Ventures.
“With the rise of SaaS applications and a hybrid workforce, browsers have become a critical attack surface for today’s adversaries,” said Michael Sentonas, president, CrowdStrike. “Seraphic Security’s unique yet simple approach solves a critical gap in enterprise browser security, which is why we invested in this innovative technology and team.”
This momentum stems from Seraphic's breakthrough approach to browser security: creating a patented abstraction layer that effectively monitors, randomizes, and secures the browser.
“As enterprises rush to secure the browser, this Series A investment is a testament to the market’s recognition of Seraphic’s innovative approach to addressing a critical and growing need in the enterprise market—helping organizations mitigate browser vulnerabilities while reducing the cost and complexity of their security architecture,” said Ilan Yeshua, CEO and co-founder, Seraphic Security. “Our focus will be on scaling our operations in North America and EMEA, accelerating growth, and continuing to deliver unparalleled value to our customers.”
For more information about this news, visit https://seraphicsecurity.com.