Guardio raises $47 million

Cybersecurity startup Guardio announced that after three years in beta mode it has completed a $47 million funding round led by Tiger Global, with participation from Vintage, Cerca Partners, Union and Samsung Next.

Founded in 2018 by Amos Peled, Daniel Sirota, and Michael Vainshtein, the Israeli startup developed an in-browser extension which offers anti-phishing protection, email tracking, notification blocking, malicious extension removal, and more. The extension is designed for private users and small businesses like freelancers and nearly one million people use Guardio each day, including around 100,000 paying customers.

Most of Guardio’s customers are based in the U.S. and a monthly paid subscription starts at $9.

“Our idea was to provide end-users and micro businesses like freelancers security solutions at a level which had to date only been accessible for organizations. The big cybersecurity companies don’t provide solutions for a single user or small business as their products are too advanced and too expensive for them. We hadn’t raised any external funding until now because it was clear to us that it would be difficult for us to raise funds and that we have a lot to prove as a cybersecurity company that isn’t targeting the enterprise market. We began receiving approaches from investors after our first year because we reached maturity and confidence in our ability to build a brand and increase our sales.” – Gaurdio co-founder and CEO Amos Peled.