Jscrambler Raises $5.2 Million from Iberis Capital for Enhanced Client-Side Protection Solutions
In a strategic move to bolster its leadership in client-side protection, Jscrambler has announced the successful completion of a $5.2 million funding round led exclusively by Iberis Capital. The investment marks a significant step for the company as it continues to innovate in the realm of digital security, particularly amidst the rising threat of client-side attacks and the imminent PCI DSS v4 compliance deadline. This funding follows a previous Series A round that garnered $15 million, highlighting Jscrambler's strong backing from notable investors, including Ace Capital Partners, Sonae IM, and Portugal Ventures.
With the ever-present danger of data breaches through methods such as digital skimming, many businesses find themselves inadequately equipped. A recent report by Jscrambler revealed that only 36% of respondents felt confident in their companies’ strategies against data skimming threats. The urgency to enhance digital defenses has never been more pronounced, particularly with the March 31, 2025 deadline for PCI DSS v4 compliance drawing closer. This compliance is crucial for businesses that handle payment card data, as it includes specific requirements aimed at thwarting digital theft.
"As merchants are confronted with increasing digital threats, many lack the necessary protection tools to secure their cardholder data," said Rui Ribeiro, CEO and co-founder of Jscrambler. This investment from Iberis Capital comes at a pivotal time, providing much-needed resources to integrate compliance features while advancing innovative security solutions. Ribeiro emphasized the imperative for businesses to adopt these protective measures as they prepare to meet compliance standards.
Beyond meeting compliance standards, the new funds will support ongoing R&D efforts, showcasing Jscrambler's commitment to not only tackle existing threats but also to predict and prepare for future challenges. "The pioneering technology we offer empowers businesses to secure their digital environments effectively," Ribeiro explained.
Iberis Capital's partner, João Henriques, echoed this sentiment, stating, "Jscrambler brings a best-in-class solution, addressing the urgent need for robust digital security. Their leadership team possesses extensive industry expertise, positioning them at the forefront of client-side protection." This partnership signifies Iberis’s confidence in Jscrambler’s direction and capability to innovate in a challenging market.
Jscrambler's comprehensive approach to client-side security encompasses advanced measures like polymorphic JavaScript obfuscation, along with targeted protection against third-party tag risks. Their multi-layered defense system not only helps organizations safeguard their own front-end code in real-time but also ensures that businesses can achieve compliance effortlessly, enhancing user trust in the process.
As the landscape of digital security continues to evolve, Jscrambler remains dedicated to being a leader in client-side protection. Their solutions are already being utilized by a diverse clientele, including several Fortune 500 companies and major players in online retail, airlines, media, and financial services. These organizations rely on Jscrambler’s innovative technologies to keep their operations secure, paving the way for safe and trusted interactions with their customers.
For more insights on Jscrambler's offerings or inquiries regarding digital security solutions, visit their official website at www.jscrambler.com. The ongoing developments within Jscrambler illustrate a proactive approach to combating digital threats, ensuring that businesses remain well-equipped to face the future safely and securely.
Iberis Capital, established in 2017, is a venture capital firm specializing in supporting tech companies in Portugal through various investment structures. Their collaboration with Jscrambler is a testament to the growing ecosystem of innovation within the country’s tech landscape.