Kasada, an Australian cybersecurity solution fighting malicious automation, raised $7M in Series A funding.
The deal included funding from its newest investor In-Q-Tel, Inc. (IQT).
The company intends to use the funds to continue to expand operations and its business reach.
Led by founder and CEO Sam Crowther, and Chief Revenue Officer (CRO) Pascal Podvin, Kasada provides a Software-as-a-Service solution that detects and mitigates malicious bot traffic offering strategic protection on a massive scale against attacks on websites, mobile apps, and APIs, including account takeovers, data-scraping, and other unwanted automated activities.
Kasada is now used by ASX 100, Forbes Global 2000, and mid-sized enterprises in Australia, the U.K., and the U.S.
The company operates globally with offices in Australia, the U.S., and the U.K.