Browser security startup LayerX has announced raising an additional $11 million in Series A funding that brings the total raised by the company to $45 million.
The new investment, an extension to the $26 million Series A round announced a year ago, was led by Jump Capital, with additional support from Dell Technologies Capital and Glilot Capital Partners.
LayerX provides advanced, AI-powered browser security to keep users protected from threats such as rogue extensions, gen-AI risks, data leakage, web threats and vulnerabilities, and more.
The company has built a lightweight secure enterprise browser extension that integrates directly into popular browsers such as Chrome, Edge, Firefox, and Safari to deliver real-time visibility and control over the browsing session.
The solution can identify risky add-ons, control sensitive data flows, prevent data leakage through gen-AI tools, block malicious or phishing websites, and enforce identity-based access to cloud services.
According to the company, its platform is being deployed by businesses to complement or replace traditional Secure Service Edge (SSE) controls.
“Enterprises today face a stark choice to solve modern GenAI, SaaS, Web and Identity risks: they can pay an ‘SSE tax’ of added complexity, latency and lost billable hours, or they can incur user wrath by forcing them to rip-and-replace their existing browser for a ‘work browser’ like Island that breaks their existing habits and workflows,” co-founder and CEO Or Eshed said.
“In practice, neither approach is tenable in modern organizations. LayerX solves this challenge by providing last-mile user guardrails against the latest risks, without the complexity of SSE or the user experience disruption of Enterprise Browsers,” Eshed added.
Related: NetFoundry Raises $12 Million for Network Security Solutions
Related: Cynomi Raises $37 Million Series B to Expand Its vCISO Platform
Related: Browser Security Firm SquareX Raises $20 Million
Related: Scamnetic Raises $13 Million to Prevent Scams in Real Time