Reflectiz, a Tel Aviv, Israel-based solution provider in the third-party application security space, raised over $5m in Series A financing.
The round was led by Capri Ventures, with participation from existing investors.
The company intends to use the funds to scale up its sales and marketing operations, especially in the US market.
Led by Idan Cohen, co-founder and CEO, Reflectiz is a third-party application security solution provider. The company’s solution protects online businesses from third-party privacy and security risks, client-side threats like Magecart attacks, and more.
To support the demand for its cybersecurity solution, Reflectiz is in the process of expanding its development, sales, marketing, and operation teams.