What is PSafe?
PSafe is a prominent provider of mobile privacy, security, and performance applications, dedicated to safeguarding individuals and businesses through advanced AI-powered cybersecurity solutions. Its flagship product, dfndr security, offers comprehensive protection against viruses, scams, and identity theft, all within a user-friendly interface. With a global user base exceeding 300 million downloads, PSafe has established itself as a leader in digital safety, serving both B2C and B2B markets. The company's commitment to rapid threat detection via artificial intelligence makes it a trusted partner for millions seeking 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 Qihoo 360 Technology, Redpoint eVentures, and Pinnacle Ventures
Key Investors in PSafe
Grupo Xango
Grupo Xango is an entity that has provided early-stage backing to PSafe, indicating a strategic interest in the company's foundational growth and market entry.
Qihoo 360 Technology
Qihoo 360 Technology, a major Chinese internet and mobile security products provider, has invested in PSafe, likely seeking to leverage synergies in cybersecurity solutions and expand its global reach in digital safety.
Pinnacle Ventures
Pinnacle Ventures, a firm focused on providing flexible growth capital to category-leading companies, has backed PSafe, aligning with its strategy of supporting innovative ventures with significant market potential in the technology sector.
What's next for PSafe?
The recent major strategic investment signals PSafe's readiness for accelerated expansion and further development of its AI-driven cybersecurity offerings. This enterprise-level backing is likely to fuel advancements in threat intelligence, enhance its product suite for both consumer and business clients, and potentially support international market penetration. PSafe's trajectory suggests a focus on solidifying its position as a key player in the global fight against digital threats, leveraging its substantial funding to innovate and scale its operations.
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