What is PSafe?
PSafe is a leader in delivering robust mobile privacy, security, and performance applications, dedicated to safeguarding individuals and enterprises through advanced AI-driven cybersecurity. Its flagship product, dfndr security, offers comprehensive protection against a spectrum of digital threats including viruses, scams, and identity theft, all while maintaining a user-friendly interface. With a global user base exceeding 300 million downloads, PSafe has cemented its reputation for digital safety, serving both the B2C and B2B sectors. The company's strategic use of artificial intelligence enables rapid threat detection, making it a trusted partner for millions seeking enhanced digital peace of mind.
How much funding has PSafe raised?
PSafe has raised a total of $41.1M across 3 funding rounds:
Series A
$4M
Series B
$7.1M
Series C
$30M
Series A (2011): $4M with participation from Grupo Xango Tecnologia and Grupo Xango
Series B (2012): $7.1M led by Grupo Xango
Series C (2013): $30M supported by Redpoint eVentures, Pinnacle Ventures, and Qihoo 360 Technology
Key Investors in PSafe
Redpoint eVentures
Redpoint eVentures is an investment firm that partners with entrepreneurs to build category-defining companies. They focus on providing strategic capital and operational support to foster innovation and growth.
Qihoo 360 Technology
Qihoo 360 Technology Co. Ltd. is a Chinese internet security company that provides a range of internet and mobile security products and services, specializing in addressing user security concerns.
Grupo Xango Tecnologia
Grupo Xango is an entity involved in technology and investment, contributing to the growth of companies within its portfolio.
What's next for PSafe?
The recent major strategic investment signals a pivotal growth phase for PSafe, likely enabling the company to accelerate its research and development in AI-powered cybersecurity. This capital injection is expected to fuel the expansion of its product offerings, potentially targeting new market segments or enhancing existing solutions to combat evolving digital threats. PSafe's focus on mobile security and privacy, coupled with its substantial user base, positions it for continued leadership and innovation in the competitive cybersecurity landscape. Future developments may include deeper integration of AI for predictive threat analysis and broader enterprise solutions.
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