What is Build38?
Build38 offers a comprehensive cloud-based mobile application security platform designed to provide advanced protection through a sophisticated blend 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 distinguished by its flexible integration capabilities, proactive hardening measures, and real-time threat intelligence, all aimed at safeguarding sensitive user data and defending against a broad spectrum of mobile threats. Build38's technology is trusted by financial institutions and original equipment manufacturers (OEMs), with a strategic objective to enhance security postures while simultaneously reducing development overhead and operational costs for businesses.
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, eCAPITAL ENTREPRENEURIAL PARTNERS, and Caixa Capital Risc
Key Investors in Build38
Tikehau Capital
Tikehau Capital is a global alternative asset manager providing diverse investment solutions across credit, real assets, private equity, and capital markets. They focus on generating long-term value and supporting sustainable growth.
eCAPITAL ENTREPRENEURIAL PARTNERS
eCAPITAL is a venture capital firm specializing in early to growth stage funding for technology companies, with a strong emphasis on software, cybersecurity, and industry 4.0. They invest in innovators driving green energy transition and data security.
Caixa Capital Risc
Caixa Capital Risc is a venture capital firm that invests in innovative startups, particularly in technology and biotechnology. They manage specialized funds and have a history of supporting companies through acquisitions by major corporations.
What's next for Build38?
With the recent influx of major strategic capital, Build38 is poised for significant expansion and further development of its advanced mobile security platform. The substantial enterprise-level funding suggests a transition into a scaling phase, likely focusing on market penetration, enhancing its AI-driven threat detection capabilities, and broadening its industry reach. This investment will enable Build38 to solidify its position as a leader in mobile app security, particularly as regulatory requirements and cyber threats continue to escalate across the digital landscape. The company's focus on compliance and cost-efficiency positions it well to capture a larger share of the global mobile security market.
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