Security News > 2020 > June > Web Traffic Security Provider Kasada Raises $10 Million
Web traffic security solutions and services provider Kasada has completed a $10 million Series B funding round, bringing the total raised to date by the company to $26 million.
Kasada says it wants to also invest in the development of new products.
Kasada focuses on stopping automated attacks, but rather by undermining the economics of running a bot, instead of using conventional cybersecurity methods.
"Kasada's solution invisibly foils even the most pernicious and often unsuspected cyber traffic problems, while preserving an effortless customer journey," Kasada founder Sam Crowther said.
The funding round was led by venture capital specialist Ten Eleven Ventures, with participation from existing investors Main Sequence Ventures and Westpac's venture capital arm, Reinventure.