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Kasada Raises $10 Million in Series B Funding to Fuel Rapid U.S. Expansion and Enhance Its Web Traffic Integrity Solution

Jun 16, 2020•over 5 years ago

Amount Raised

$10 Million

Round Type

series b

New YorkPrivacy And SecurityData And Analytics

Description

 Kasada, a leading web traffic security solution and services provider, today announced that it has raised $10 million in Series B funding. The New York and Sydney-based company plans to use the proceeds to fuel its continued rapid U.S. expansion and new product development. Cybersecurity venture capital specialist Ten Eleven Ventures led the round, joined by existing investors Main Sequence Ventures and Westpac's venture capital arm, Reinventure. The company also announced that Ten Eleven's Managing Partner Alex Doll has joined Kasada's board of directors. 

Company Information

Company

Ten Eleven Ventures

Location

New York, United States

About

Kasada is the most effective and easiest way to defend against advanced persistent bot attacks across web, mobile, and API channels. With Kasada, trust in the Internet is restored by foiling even the stealthiest cyber threats, from credential abuse to data scraping. The solution invisibly stops automated threats while inflicting financial damage to attackers, destroying their ROI. With the ability to onboard in minutes, Kasada ensures immediate and long-lasting protection while empowering enterprises with optimal online activity. Kasada is based in New York and Sydney, with offices in Melbourne, San Francisco, and London. For more information, please visit www.kasada.io and follow on Twitter, LinkedIn, and Facebook.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech