Seraphic Security secures $29 million Series A to transform any browser into a secure one
Seraphic Security secures $29 million Series A to transform any browser into a secure one
Its patented technology provides invisible, robust protection without the complexity of VDI and VPN.
Seraphic Security, which develops enterprise browser security solutions, announced on Thursday that it has secured a $29 million Series A funding round led by GreatPoint Ventures (GPV), with participation from the CrowdStrike Falcon Fund and existing investors Planven, Cota Capital, and Storm Ventures.
Seraphic, which was founded in 2020 by CEO Ilan Yeshua, former longtime CEO of news website Walla, and CTO Avihay Cohen, employs over 50 people.
Seraphic’s platform transforms any browser into a secure browser with robust protection and detection capabilities. It also enables secure access to SaaS and private web applications for employees and third parties on both managed and personal devices—without the complexity and cost of VDI or VPN. Invisible to end users, Seraphic supports all browsers as well as SaaS desktop applications like Teams, Slack, Discord, and WhatsApp.
According to the company, it has achieved a 300% year-over-year increase in annual recurring revenue (ARR), driven by its patented abstraction layer, which effectively monitors, randomizes, and secures the browser.
“As enterprises rush to secure the browser, this Series A investment is a testament to the market’s recognition of Seraphic’s innovative approach to addressing a critical and growing need—helping organizations mitigate browser vulnerabilities while reducing the cost and complexity of their security architecture,” said Ilan Yeshua, CEO and co-founder of Seraphic Security. “Our focus will be on scaling our operations in North America and EMEA, accelerating growth, and continuing to deliver unparalleled value to our customers.”
“With the rise of SaaS applications and a hybrid workforce, browsers have become a critical attack surface for today’s adversaries,” said Michael Sentonas, president of CrowdStrike. “Seraphic Security’s unique yet simple approach solves a critical gap in enterprise browser security, which is why we invested in this innovative technology and team.”
