Kasada, a NYC- and Sydney-based web traffic security solution and services provider, raised $10m in Series B funding.
The round was led by Ten Eleven Ventures joined by existing investors Main Sequence Ventures and Westpac’s venture capital arm, Reinventure. Ten Eleven’s Managing Partner Alex Doll has joined Kasada’s board of directors.
The company plans to use the proceeds to accelerate its continued rapid U.S. expansion and new product development.
Founded by Sam Crowther in 2015 and led by CEO Pascal Podvin, Kasada gives internet control and safety back to human beings through its web traffic security solution. Its platform invisibly defends and enhances critical business assets while ensuring optimal online activity, with immediate and lasting web traffic integrity. The company, which also has offices in Melbourne, San Francisco, and London, delivers a solution specifically architected to address the biggest online business challenges—data-scraping and API security for a variety of markets, including ecommerce, hospitality and financial services.