DataDome Raises $35M in Series B Funding

DataDome, a New York-based provider of an AI-powered SaaS solution that protects online businesses against bot-driven fraud, closed $35M in Series B funding.

The round was led by Elephant, with participation from existing investor ISAI.

The company intends to use the funds to scale its global sales, marketing, delivery and R&D teams.

Led by Fabien Grenier, co-founder and CEO, DataDome is a global provider of AI-powered real-time bot protection for websites, mobile apps & APIs. The company provides DevSecOps professionals with a full SaaS platform, combined with enterprise-level professional services and dedicated bot Security Operations Centers (SOCs). It integrates with any web infrastructure, and a prospect under attack can be protected in less than an hour. DataDome can also be activated at the edge via platforms such as AWS, Fastly, Cloudflare and Salesforce Commerce Cloud.

DataDome’s global cybersecurity solution protects the largest digital commerce businesses, including Axel Springer, AngelList Talent, Australia Post, carsales.com Limited, and Foot Locker.

FinSMEs

28/05/2021