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SquareX Raises $20 Million for Revolutionary Browser Detection and Response, Turning Any Browser into Enterprise-Grade Secure Browser with a Simple Extension

SquareX Raises $20 Million for Revolutionary Browser Detection and Response, Turning Any Browser into Enterprise-Grade Secure Browser with a Simple Extension

May 9, 2025 Craig Etkin

Series A Investment Led by SYN Ventures with Participation from Existing Investor Peak XV Partners (Formerly Sequoia Capital SEA)

PALO ALTO, Calif., April 24, 2025 /PRNewswire/ — SquareX, the pioneer in Browser Detection and Response (BDR), announced it is closing a $20 million in Series A funding led by SYN Ventures, a leading venture capital firm focused on cybersecurity investments, with participation from existing investor Peak XV Partners (formerly Sequoia Capital SEA).

The browser has become a primary target for cyberattacks, creating a significant gap in enterprise security. Traditional security tools lack visibility into browser threats, while proprietary enterprise browsers can introduce friction, hindering user productivity and adoption. As the industry’s first Browser Detection and Response (BDR) solution, SquareX’s browser extension converts any browser into an enterprise-grade secure browser, providing the same functionality as dedicated enterprise browsers and more without the cumbersome change management. This unique approach revolutionizes browser security empowering enterprises to effectively manage threats like malicious extensions, phishing, genAI data leakage, insider threats, and more, directly within the browser environment, significantly reducing the enterprise attack surface without compromising user experience.

“The browser is the new endpoint, yet it remains a major blind spot for most organizations. Existing solutions often force a trade-off between security and usability,” said Vivek Ramachandran, CEO of SquareX. “We built SquareX to eliminate this compromise in browser security, offering robust protection that works with the browsers users are already familiar with. This Series A funding, led by the team at SYN Ventures, validates our vision of everyone being able to be online without fear.”

Jay Leek, Managing Partner & Founder of SYN Ventures, commented, “SquareX is tackling one of the most significant and underserved areas in cybersecurity today. The browser is ground zero for countless attacks, and the team at SquareX has developed an elegant and powerful solution that provides critical visibility and control where it’s needed most – directly within the native browser experience.”

“Having partnered with SquareX since their seed stage, we’ve been impressed by their vision and execution in tackling browser security challenges,” said Shailendra Singh, Managing Director, Peak XV. “We are excited to partner with them again as they demonstrate strong results in delivering much-needed cybersecurity capabilities to enterprise customers.”

About SquareX

SquareX is the pioneer of Browser Detection and Response (BDR), empowering organizations to proactively detect, mitigate, and effectively threat-hunt client-side web attacks. Through a simple browser extension, SquareX provides critical protection against a wide range of browser security threats, including malicious browser extensions, advanced spearphishing, browser-native ransomware, genAI DLP, and more. Find out more on www.sqrx.com.

About SYN Ventures 

SYN Ventures is a venture capital firm focused on investing in disruptive and innovative security companies in the cybersecurity, industrial security, national defense, privacy, regulatory compliance, and data governance industries. The firm’s dedicated security team of former CISOs, CEOs, CTOs and Founders has a proven track record with over 400 years of combined security investing and operational experience. SYN also has a highly distinguished network of seasoned security advisors and CISOs.

SOURCE SquareX

Copyright © 2025 Cision US Inc.


Venture Capital
California, Cision, Palo Alto, PRNewswire, SquareX, Venture Capital

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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