CodeSealer raises 7 MDKK

In July 2016, CodeSealer was acquired by 2 private investors and has now raised an additional 7 MDKK in funding.

The funding has been raised via Danish Business Angels, a group of investors supporting the innovation in the Danish market.

At the presentation 81% of the participants indicated interest in investing, not only confirming the high interest for the security market but also for the solution offered by CodeSealer.

“The increase in cyber crime and subsequent risk of negative press can cost millions for companies and along with new legislative regulations it has increased the interest for a unique products such as CodeSealer. We have over the last months seen an increasing demand from markets around the world and our new funding will allow us to implement our growth plans and further development” says Tonny Rabjerg, CEO of CodeSealer.

CodeSealer protects customers and end-users against Man-in-the-Middle and Man-in-the-Browser attacks, an area which today represents 10% of all cyber attacks and an area which is one of the fastest growing in cyber crime market. CodeSealer protects the customer by deployment of an INVISIBLE solution, not requiring any installation by the customer and protection of 100% of the users.