Jscrambler Secures $5.2M Funding to Enhance Client-Side Security Innovations
Jscrambler, a leading innovator in client-side protection, has emerged as a pivotal force in defending web applications against the ever-evolving landscape of cyber threats. With a reputation for delivering robust solutions that secure front-end code, Jscrambler is dedicated to ensuring that businesses effectively protect their users’ data.
Recent Investment Boosts Client-Side Security Initiatives
Recently, Jscrambler announced a significant milestone by securing a $5.2 million investment round, exclusively backed by Iberis Capital. This fresh capital comes during a period of heightened demand for advanced client-side security solutions, reflecting strong investor confidence in Jscrambler’s strategic approach.
Enhancing Application Security
Specializing in application security, Jscrambler equips organizations with tools to monitor and protect their front-end JavaScript code in real time. Their technology simplifies the implementation and scalability of client-side protection, addressing the increasing risks posed by digital skimming and other cyber threats. Key features include:
- Real-time monitoring of JavaScript code
- Protection against digital skimming
- Enhanced user data security
Upcoming PCI DSS Compliance Deadline
The newly acquired funding will be strategically allocated to accelerate efforts in assisting companies in achieving PCI DSS v4 compliance before the March 31, 2025 deadline. Furthermore, the investment will bolster ongoing research and development, ensuring that Jscrambler’s solutions remain at the forefront of technological innovation in a rapidly changing threat landscape.
Urgent Need for Enhanced Protection
Despite the rising tide of client-side threats, many businesses remain ill-equipped to safeguard their customer data. According to the 2024 Jscrambler report, only 36% of surveyed companies have adopted the necessary policies and tools to combat data skimming, highlighting an urgent need for improved client-side protection measures across various industries.
“Merchants accepting payments face escalating threats like digital skimming, yet many lack the client-side protection tools that are vital to securing customer cardholder data,” stated Rui Ribeiro, CEO and co-founder of Jscrambler. He emphasized the critical nature of effective client-side protection solutions as the PCI compliance deadline approaches.
Investor Confidence in Jscrambler’s Vision
João Henriques, Partner at Iberis Capital, remarked, “Jscrambler delivers a world-leading technological solution that empowers businesses to protect their websites, meeting the increasing demand for robust digital security. Supported by a leadership team with extensive industry knowledge, Jscrambler is uniquely positioned to lead in client-side security.”
This recent investment builds on a previous $15 million Series A funding round led by Ace Capital Partners, with contributions from Sonae IM and Portugal Ventures, which also supported the company’s initial Seed round.
For more information on how Jscrambler is transforming client-side security, visit their official website.
