What is DataDome?
Founded in 2015 by Benjamin Fabre and Fabien Grenier, DataDome has established itself as a leader in bot and online fraud protection. Leveraging expertise in scalable web infrastructures, AI-powered data stream processing, and SaaS technologies, the company provides advanced solutions to safeguard online businesses. DataDome's commitment to consumer focus and a strong company culture has been instrumental in its development since its inception. The company operates within the critical cybersecurity landscape, addressing the growing threat of sophisticated bot attacks and online fraud.
How much funding has DataDome raised?
DataDome has raised a total of $81.2M across 4 funding rounds:
Unspecified
$1.1M
Series A
$3.1M
Series B
$35M
Series C
$42M
Unspecified (2017): $1.1M, investors not publicly disclosed
Series A (2018): $3.1M led by 50 Partners and Isai
Series B (2021): $35M supported by Elephant and ISAI
Series C (2023): $42M featuring ISAI, InfraVia Growth, and Elephant
Key Investors in DataDome
ISAI
ISAI is a venture capital fund focused on investing in early-stage and growth-stage technology entrepreneurs. They offer services in early stage VC, corporate VC, growth buyout, and growth lending. Target clients include tech entrepreneurs and investors seeking to grow their ventures. The company emphasizes its commitment to ESG principles in its investment philosophy.
InfraVia Growth
InfraVia Growth is a venture capital firm that provides growth capital to technology companies. They focus on scaling businesses with proven business models and strong market potential, aiming to support their expansion and market leadership.
Elephant
Founded in 2015 and based in Boston, Massachusetts, Elephant is a venture capital firm focused on the enterprise software, consumer internet, and mobile markets. They invest in companies with strong potential for growth and market disruption.
What's next for DataDome?
The recent major strategic investment in DataDome signals a pivotal moment for the company's expansion and technological advancement. This capital infusion is expected to fuel further innovation in its AI-driven bot mitigation platform, enhance its market reach, and potentially support strategic acquisitions. As DataDome continues to scale, its focus will likely remain on strengthening its position against evolving cyber threats, solidifying its enterprise-level offerings, and expanding its global footprint to serve a growing clientele seeking comprehensive online security solutions.
See full DataDome company page
