Guardsquare Receives $29M in First Financing

Funding Rounds

Summary

Guardsquare , a Leuven, Belgium- and San Francisco, CA-based security company focused on protecting complex mobile applications, received $29m in its first round of institutional financing. The company intends to use the funds to invest in sales, marketing, R&D and customer-success efforts. Co-founded by Heidi Rakels, president, and Eric Lafortune, and led by CEO Roel Caers, Guardsquare is a mobile application protection company. It develops premium software for the protection of mobile applications against reverse engineering and hacking. Their products are used across the world in a broad range of industries, from financial services, e-commerce and the public sector to telecommunication, gaming and media.

$ Funding

$
Amount $29.0M Total raised
Date January 30, 2019 Announcement date
Investors - Lead investors
Company http://www.guardsquare.com Funded company

Classifications

industries
Fintech & Banking
applications
ERP & Process Management

AskAI Classifications

Labels
Mobile App Security Software Security SaaS

Linked Companies

Guardsquare
$1M to $5M