Funding

Jscrambler funding news – Porto-based Jscrambler Secures €5 Million in Funding

Feb 13, 2025 | By Kailee Rainse

Jscrambler funding news - Porto-based Jscrambler Secures €5 Million in Funding

Porto-based cybersecurity startup Jscrambler has raised €5 million in a funding round led by Iberis Capital. The company focuses on protecting websites from digital skimming attacks that capture payment card data.

SUMMARY

  • Porto-based cybersecurity startup Jscrambler has raised €5 million in a funding round led by Iberis Capital.
  • Founded in 2014 by Pedro Fortuna and Rui Ribeiro, Jscrambler is a leader in Client-Side Protection and Compliance.

This new investment follows a previous €14.4 million Series A round, led by Ace Capital Partners, with participation from Sonae IM and Portugal Ventures.

Rui Ribeiro, CEO and Co-founder of Jscrambler said, “Merchants accepting payments face escalating threats like digital skimming, yet many lack the client-side protection tools that are vital to securing customer cardholder data, With the PCI compliance deadline rapidly approaching, the urgency for effective client-side protection solutions has never been greater. This funding round from Iberis Capital will enable us to address this immediate pressing need while accelerating our investments in innovation and research to ensure our clients are always prepared for the challenges of tomorrow.”

It offers a complete solution to protect against current and future cyber threats, data leaks, misconfigurations, and IP theft, helping teams develop and innovate safely with JavaScript.

Their Code Integrity product protects first-party JavaScript by making it harder to read (obfuscation) and provides extra protection while running. Webpage Integrity helps protect against risks from third-party tags, all while ensuring businesses meet the latest PCI DSS security standards.

With Jscrambler, companies can have a strong, future-proof security policy for their websites while staying up to date with new security requirements. Their clients include Fortune 500 companies, online retailers, airlines, media companies, and financial services, all of whom rely on secure online interactions with their customers.

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Despite the rise in client-side threats, many businesses still lack the tools to protect user data. A 2024 Jscrambler report shows that only 36% of companies have the proper policies and tools to stop data skimming.

With this new funding, it plans to help businesses meet PCI DSS v4 compliance before the March 31, 2025 deadline. PCI DSS v4 rules 6.4.3 and 11.6.1 aim to prevent digital skimming attacks on websites that capture payment card details. Along with helping companies comply, this funding will also support Jscrambler’s ongoing research and product development.

João Henriques, Partner at Iberis Capital, stated: “Jscrambler delivers a world-leading technological solution that empowers businesses to protect their websites, meeting the increasing demand for robust digital security. Supported by a leadership team with extensive industry knowledge Jscrambler is uniquely positioned to lead in client-side security. Iberis is proud to be part of Jscrambler’s journey toward success.”

It helps organizations protect their front-end JavaScript code in real time, making client-side security easier to set up, scalable, and focused on preventing threats.

About Jscrambler

Founded in 2014 by Pedro Fortuna and Rui Ribeiro, Jscrambler is a leader in Client-Side Protection and Compliance. They were the first to combine advanced JavaScript obfuscation with detailed third-party tag protection in one platform.

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