Singapore-headquartered SquareX has developed a browser-based cybersecurity product to keep consumers safe online. It just raised $6 million in a seed funding in a round led by Sequoia Capital Southeast Asia. It will use the funds raised on R&D-engineering and go-to-market. SquareX welcomed its first set of users in early March this year.
“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,” said Vivek Ramachandran, Founder, SquareX.
“I would highly recommend SquareX to anyone who prioritizes security, privacy, and ease of use. The platform has transformed my internet browsing experience and has become an essential part of my daily workflow,” added Ben Poh, initial user of SquareX.
“The online world is about to get a whole lot worse as the AI revolution gets channeled towards building malicious code. 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,” added Anandamoy Rowchowdhary, Partner Surge, Sequoia Southeast Asia.
What problem does SquareX addresses?
In today’s Cloud-SaaS era, professionals primarily use web browsers for all their online activities, including checking mail, creating documents, uploading/downloading files, streaming content, banking, and e-commerce. With the browser becoming the new operating system, attackers are targeting them, introducing an entirely new range of threats such as phishing, identity theft, session hijacking and other browser-based attacks.
Unfortunately, the existing cybersecurity products are ill-equipped to combat these threats, as they were designed at a time when the primary threats were file viruses, worms, and network attacks. These products also often hinder productivity by blocking access to files and resources that may not actually be malicious, leading users to disable or uninstall them, and leaving them more vulnerable to attacks, making internet users feel unsafe online.
SquareX tackles this problem by engineering a cybersecurity product from the scratch, purpose-built to tackle the current generation of threats. It integrates with the browser as an extension and monitors and protects users while they go about their online activities.
Makes internet a safer place for all
Founded by serial cybersecurity entrepreneur Vivek Ramachandran, SquareX provides an unparalleled web browsing user experience without compromising security, SquareX aims to become the new gold standard in consumer cybersecurity products, making the internet a safer place for everyone.
It ensures safety by leveraging its cloud service and enabling users to open links and files in disposable browsers so that users are protected against any kind of potential threats. These cloud-powered temporary container sandboxes are headless browsers running in data centers on behalf of the user so that all web threats get neutralised and never reach the user’s computer. SquareX also enables users to keep their identity safe and private.
The company is also keen to pitch its solution as an alternative to the virtual private networks (VPNs) through which many internet users now get online.