Cybersecurity startup Guardio has raised $80 million in funding led by ION Crossover Partners, tripling its valuation since its 2021 funding round.
The Tel Aviv-based company, founded in 2018, is expanding beyond its browser extension roots to tackle a new threat: malicious code and phishing sites created using AI coding tools. Guardio has developed technology to detect suspicious patterns in AI-generated websites and recently partnered with coding platform Lovable to scan all sites built on its platform.
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The company now has 500,000 paying users and reports hitting $100 million in annual recurring revenue this year. Guardio is also launching new features that give consumers enterprise-level visibility into their data security, including alerts about publicly shared documents and accounts without multi-factor authentication.
Existing investors Union Tech Ventures, Vintage Investment Partners, and Emerge also participated in the round.
