Bangalore based ShieldSquare has raised USD 350,000 in angel round funding lead by multiple investors including redBus founders Phanindra Sama, Charan Padmaraju and P Sudhakar, Murugavel Janakiraman of Matrimony.com, Girish Mathrubootham of Freshdesk, Pallav Nadhani of Fusioncharts, Samir Sood ex Google M&A Head for South Asia & Australia.
Pavan Thatha, CEO and Co-Founder at ShieldSquare said, “We will use the money for building the team, enhancing the product and scale the business”
ShieldSquare’s Cloud Service helps online businesses protect their website content from being “scraped” or stolen by automated rogue programs (bots). ShieldSquare analyses millions of traffic requests daily and uses Big Data Analytics to identify and help block suspicious, unwanted and abusive behavior.
Indiaproperty.com and Shaadi.com, in addition, small to mid businesses like Purplle.com and Weddingplz have turned to Shieldsquare to protect their content.
Ganesh Vasudevan, CEO at Indiaproperty said, “We are very happy with ShieldSquare’s Anti Scraping Solution. After integrating ShieldSquare, spam leads generated due to malicious bot traffic on our site has completely stopped. Advertisers on our platform are happy as the quality of the leads received by them has dramatically improved; In addition, the productivity of our teams hasgone up significantly.”
Sanjay Anandaram, Angel Investor and mentor at ShieldSquare said “Scraping has become a big pain area for all the Local Search, Listings, Ecommerce and Content Portals. Curated quality content is the key value they offer and having it scraped/copied and reproduced elsewhere impacts their business competitiveness.”
“The team comes withstrong security background and has done a very good job with the ShieldSquare product. Anti-scraping is a booming space and has huge global opportunity across multiple industries” believes PhanindraSama, Founder of redBus.Category Business Investments