SquareX Raises $20 Million for Revolutionary Browser Security Solution
- Editor
- Apr 24
- 1 min read
Whats Happening:
SquareX, a pioneer in Browser Detection and Response (BDR), has secured $20 million in Series A funding. The round was led by SYN Ventures, with participation from existing investor Peak XV Partners. SquareX's browser extension converts any browser into an enterprise-grade secure browser, addressing a significant gap in enterprise security without compromising user experience.
Key Moves:
SquareX raises $20 million in Series A funding
SYN Ventures leads the investment round
Peak XV Partners (formerly Sequoia Capital SEA) participates as an existing investor
By The Numbers:
$20 million raised in Series A funding
SquareX's solution protects against threats like malicious extensions, phishing, and genAI data leakage
The browser extension works with users' familiar browsers
Key Quotes:
"The browser is the new endpoint, yet it remains a major blind spot for most organizations. Existing solutions often force a trade-off between security and usability," said Vivek Ramachandran, CEO of SquareX.
"SquareX is tackling one of the most significant and underserved areas in cybersecurity today," commented Jay Leek, Managing Partner & Founder of SYN Ventures.
"We are excited to partner with them again as they demonstrate strong results in delivering much-needed cybersecurity capabilities to enterprise customers," said Shailendra Singh, Managing Director, Peak XV.
Bottom Line:
SquareX's $20 million Series A funding underscores the growing importance of browser security in enterprise environments. By offering a solution that enhances security without disrupting user experience, SquareX is positioned to address a critical gap in cybersecurity. This investment signals strong market confidence in SquareX's innovative approach to browser security.
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