SquareX raises $6 million for cybersecurity product development

SINGAPORE – Cybersecurity startup SquareX led by entrepreneur and founder Vivek Ramachandran have announced that they’ve raised $6 million USD in a seed round led by Sequoia Capital Southeast Asia.

The company is developing a browser-based cybersecurity product to safeguard users online and has said the funds raised will go towards R&D-engineering and go-to-market. With the ecosystem shifting to being prominently online, SquareX said that browsers are the new operating system and attackers are targeting them using an advanced array of new threats.

"We are driven by our vision to create a digital world where users can embrace the full potential of the internet, unburdened by the ever-growing threats that lurk beneath the surface,” Ramachandran said. “We want to enable users to envision a digital landscape where users can confidently engage with the internet without the fear of threats and attacks or having their personal information exposed. By creating a seamless, browser-integrated cybersecurity solution, we are empowering consumers to be fearless online and take control of their own security on the internet. We believe that a safer internet experience is not only possible but essential, and SquareX is dedicated to making it a reality for everyone."

SquareX is rising to meet the challenges associated with browser security by designing their product from the ground up to tackle the current generation of threats. The company said that by leveraging its cloud services and enabling users to open links and files in disposable browsers it can protect against potential attacks. These cloud-powered sandboxes are running in data centers on behalf of users to neutralize threats before they reach a customer’s computer.

“The online world is about to get a whole lot worse as the AI revolution gets channeled towards building malicious code,” said Anandamoy Rowchowdhary, Partner Surge, Sequoia Southeast Asia. “Every cyber security solution out there is only probabilistically successful in protecting internet users, which is not of much comfort if they get hacked and lose money. SquareX is the first solution we've seen that takes a 100% protection approach - where irrespective of how new and sophisticated the attack is, it has no chance to infect users. This is the future we think all internet users deserve."

You read more about SquareX online at www.sqrx.com.