What is DataDome?
Founded by Benjamin Fabre and Fabien Grenier, DataDome specializes in advanced bot and online fraud protection. By leveraging AI-powered data stream processing, the company provides real-time security solutions that safeguard websites, mobile applications, and APIs from malicious automated traffic. As a key player in the SaaS cybersecurity sector, DataDome enables enterprises to maintain operational integrity, protect user data, and prevent financial losses associated with credential stuffing, scraping, and other automated attacks. Its market position is defined by a commitment to scalable, high-performance infrastructure that meets the rigorous demands of global digital enterprises.
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 Isai and 50 Partners
Series B (2021): $35M supported by Elephant and ISAI
Series C (2023): $42M featuring Elephant, ISAI, and InfraVia Growth
Key Investors in DataDome
Elephant
A venture capital firm based in Boston that focuses on enterprise software, consumer internet, and mobile markets.
ISAI
A venture capital fund specializing in early-stage and growth-stage technology entrepreneurs with a strong commitment to ESG principles.
50 Partners
An accelerator and investment firm that supports entrepreneurs across sectors including Tech, Impact, Health, and Web3.
What's next for DataDome?
With the successful closure of its latest financing round, DataDome is well-positioned to accelerate its international expansion and deepen its technological moat. The company is expected to prioritize the enhancement of its AI-driven detection engines to counter the next generation of sophisticated, human-like bot attacks. Furthermore, the strategic capital will likely support the scaling of its go-to-market operations, allowing the firm to capture a larger share of the enterprise software market. As digital transformation continues to accelerate, DataDome's focus on proactive threat mitigation will remain a cornerstone of its long-term growth strategy, ensuring it remains at the forefront of the evolving cybersecurity landscape.
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