Cybersecurity Company clean.io Raises $5 Million

By Amit Chowdhry ● August 7, 2020
  • clean.io — an emerging leader in protecting enterprises from the execution of malicious and untrusted JavaScript — announced that it has raised $5 million in Series A funding

clean.io — an emerging leader in protecting enterprises from the execution of malicious and untrusted JavaScript — announced that it has raised $5 million in Series A funding led by Tribeca Venture Partners with participation from Real Ventures, Inner Loop Capital, and Grit Capital Partners. Including this round of funding, clean.io has raised $7.5 million in total funding.

The execution of even a single line of malicious JavaScript on a brand’s website or mobile app has the potential to put sensitive user data at risk of falling into bad actors’ hands, create a poor user experience, deliver a loss of revenue. And this could substantially tarnish a brand’s reputation.

By focusing first on the $100+ billion digital media industry, clean.io’s patented technology now runs on more than 7+ million websites. And the company’s patented behavioral analysis technology protects user sessions from bad actors seeking to deploy a wide variety of malicious payloads through multiple attack vectors like buying programmatic advertisements with JavaScript enabled, by compromising browser extensions and WiFi networks, and via other malware that may already be present on end-user devices.

And the company will use the funds to further accelerate its unprecedented growth in the digital media ecosystem and expand its product line.

KEY QUOTES:

“Many of the biggest sites and apps on the internet count on clean.io to protect their users and their monetization. This funding will help us continue to fuel the amazing growth we’ve experienced and allows us to make investments that will enable us to deliver an even larger positive benefit to consumers and enterprises who face material unmitigated risks from untrusted JavaScript.”

— Matt Gillis, CEO of clean.io

“The rapid traction and product-market fit that clean.io has experienced is a testament to its superior product and commitment to customer success. The team at clean.io brings tremendous operating experience and empathy, and they understand how to most effectively address the pain points associated with malicious and untrusted JavaScript. We are thrilled to welcome clean.io to our growing portfolio and look forward to collaborating on the next phase of the journey!”

— Lead investor Chip Meakem, Managing Partner at Tribeca Venture Partners