What is Build38?
Build38 operates as a specialized provider of cloud-based mobile application security, offering a comprehensive platform that bridges the gap between in-app protection and cloud-based oversight. The company's technology stack is engineered to address the complexities of modern digital environments, providing businesses with the tools necessary to safeguard sensitive user data against evolving mobile vulnerabilities. By leveraging AI and automated security protocols, Build38 enables organizations to reduce development overhead while maintaining rigorous security standards. Their market position is defined by a commitment to seamless integration, allowing enterprises to deploy hardened applications that are resilient against unauthorized access and malicious exploitation, thereby serving as a critical infrastructure partner for banks and original equipment manufacturers.
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 management firm that provides a broad range of investment solutions across multiple asset classes, including credit, real assets, private equity, and capital markets strategies.
eCAPITAL ENTREPRENEURIAL PARTNERS
eCAPITAL is a venture capital firm that specializes in providing early to growth stage funding to technology companies, particularly in the fields of software, information technology, and cybersecurity.
Caixa Capital Risc
Caixa Capital Risc is a venture capital firm focused on investing in innovative startups at early stages, particularly in technology, biotechnology, and the industrial sector.
What's next for Build38?
Looking ahead, the infusion of capital will likely be directed toward scaling the company's global operations and enhancing its proprietary AI-driven security engine. As the threat landscape for mobile applications continues to diversify, Build38 is expected to prioritize the development of next-generation hardening features that address emerging risks in digital identity and IoT-connected automotive systems. The strategic focus will remain on deepening market penetration within highly regulated industries, where the demand for compliant, high-performance security solutions is at an all-time high. By leveraging its current financial runway, Build38 is well-equipped to transition from a scaling innovator to a dominant force in the enterprise cybersecurity market, potentially exploring new geographic markets and expanding its suite of automated threat intelligence services to meet the needs of a global client base.
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