Jscrambler, a pioneer in client-side protection, has established itself as a key player in safeguarding web applications against evolving cyber threats.
The company has built a reputation for offering robust solutions that protect front-end code, ensuring businesses can secure their users’ data effectively.
The firm has recently secured a $5.2m investment round, exclusively subscribed by Iberis Capital. This fresh capital injection comes at a time when the demand for advanced client-side security is intensifying, and it underscores the confidence that investors have in Jscrambler’s approach.
Specialising in application security, Jscrambler enables organisations to monitor and protect their front-end JavaScript code in real time. Its technology is designed to make client-side protection easier to implement and scale, addressing the increasing risks of digital skimming and other cyber threats. By focusing on threat prevention and user data security, the company continues to innovate in the rapidly evolving cybersecurity landscape.
The new funding will be primarily used to accelerate efforts in helping companies achieve PCI DSS v4 compliance ahead of the March 31, 2025 deadline. In addition, the funds will support ongoing research and development, ensuring that Jscrambler’s solutions remain at the forefront of technological innovation and continue to meet the challenges posed by an ever-changing threat environment.
Additional information highlights that despite the growth in client-side threats, many businesses remain inadequately equipped to secure their customer data. According to the 2024 Jscrambler report, only 36% of surveyed companies have implemented the necessary policies and tools to prevent data skimming. This underscores the urgent need for enhanced client-side protection measures across industries.
“Merchants accepting payments face escalating threats like digital skimming, yet many lack the client-side protection tools that are vital to securing customer cardholder data,” said Rui Ribeiro, CEO and co-founder of Jscrambler. “With the PCI compliance deadline rapidly approaching, the urgency for effective client-side protection solutions has never been greater. This funding round from Iberis Capital will enable us to address this immediate pressing need while accelerating our investments in innovation and research to ensure our clients are always prepared for the challenges of tomorrow.”
João Henriques, Partner at Iberis Capital, stated: “Jscrambler delivers a world-leading technological solution that empowers businesses to protect their websites, meeting the increasing demand for robust digital security. Supported by a leadership team with extensive industry knowledge, Jscrambler is uniquely positioned to lead in client-side security. Iberis is proud to be part of Jscrambler’s journey toward success.”
This latest investment builds upon a previous $15m Series A funding round led by Ace Capital Partners, with participation from Sonae IM and Portugal Ventures, which also backed the company’s initial Seed round.
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