What is Build38?
Build38 offers a comprehensive cloud-based mobile application security platform designed to provide advanced protection through a sophisticated combination of in-app, cloud, and artificial intelligence technologies. Their solutions are tailored for critical industries including mobile banking, eHealth, digital identity management, and the automotive sector, ensuring adherence to stringent security standards. The platform is characterized by its flexible integration capabilities, robust active hardening features, and real-time threat intelligence, all aimed at safeguarding sensitive user data and mitigating a wide spectrum of mobile security risks. Build38's technology is trusted by financial institutions and original equipment manufacturers (OEMs), enabling them to enhance security postures while simultaneously reducing development overhead and operational costs.
How much funding has Build38 raised?
Build38 has raised a total of $13.9M across 1 funding round:
Series A
$13.9M
Series A (2023): $13.9M with participation from Tikehau Capital, Caixa Capital Risc, and eCAPITAL ENTREPRENEURIAL PARTNERS
Key Investors in Build38
Tikehau Capital
Tikehau Capital is a global alternative asset management firm specializing in credit, real assets, private equity, and capital markets strategies, focusing on generating long-term value and supporting sustainable growth.
Caixa Capital Risc
Caixa Capital Risc is a venture capital firm that invests in early-stage technology, biotechnology, and industrial startups, managing resources through specialized funds to support innovative companies.
eCAPITAL ENTREPRENEURIAL PARTNERS
eCAPITAL is a venture capital firm focused on early to growth-stage technology companies, particularly in software, cybersecurity, and industry 4.0, aiming to drive the green energy transition and enhance data security.
What's next for Build38?
With the recent infusion of major strategic investment, Build38 is poised for accelerated growth and enhanced market penetration. The company's focus on providing advanced, AI-driven mobile security solutions addresses a critical and expanding need across various high-stakes industries. This capital injection will likely fuel further research and development, enabling Build38 to expand its platform's capabilities and fortify its competitive edge. Strategic partnerships and broader adoption by enterprise clients are anticipated as the company leverages this funding to scale its operations and solidify its position as a leader in the mobile app security landscape.
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