Latest news with #MobileAppSecurityAward
Techday NZ
04-07-2025
- Business
- Techday NZ
Verdane partners with Guardsquare to boost mobile security growth
Verdane has entered into a partnership with Guardsquare aimed at expanding mobile application security solutions for a global client base. The agreement brings together Verdane's growth investment experience and Guardsquare's technical knowledge in the mobile security field. Battery Ventures, an existing investor in Guardsquare, continues its involvement as the company takes steps to scale its operations in response to the growing complexity of mobile security threats facing businesses of all sizes. Mobile applications have become a main point of interaction between companies and their customers, yet security challenges in this area remain substantial. Cyberthreats targeting mobile apps are increasing, with criminals adapting rapidly to exploit vulnerabilities at scale. The partnership is set against this backdrop, as businesses across industries seek more comprehensive protection for their mobile applications. Guardsquare's mobile application security platform is recognised in the industry, having received the Mobile App Security Award from Cyber Defense Magazine earlier this year. The company supports over 900 organisations across various sectors, providing services ranging from app security testing and code hardening to real-time monitoring of the threat landscape. Roel Caers, Chief Executive Officer at Guardsquare, expressed confidence in the new partnership's potential to support continued expansion. In his statement, Caers said: "I'm excited to embark on this new partnership with Verdane. It marks an inspiring and well-aligned progression toward our long-term vision. We will benefit from their expertise as, together, we take Guardsquare to the next level, significantly expand our market share, and increase our global reach through organic growth, ongoing product enhancements, and M&A. We're grateful for the support provided by Battery Ventures over the past several years as we became the market leader in mobile application protection. Their guidance enabled us to scale our business globally and attract top talent, particularly in the U.S." The partnership is designed not only to drive organic growth at Guardsquare but also to leverage opportunities for mergers and acquisitions to further increase its market presence. Verdane, which has invested in over 200 technology-focused companies, will play a key role in executing this strategy across its areas of expertise—digitalisation and sustainability. Morten Weicher, Partner at Verdane, commented on the rationale behind the investment: "Guardsquare's industry-leading mobile application protection is a critical cybersecurity service, and we're excited to partner with Roel and the entire Guardsquare team to make this available for even more businesses globally. The company's growth from a European to a global leader has been very impressive to behold, and we're looking forward to supporting the company in its future journey." Battery Ventures, which has previously worked to help Guardsquare grow internationally, also welcomed the new chapter for the company. Dharmesh Thakker, Partner at Battery Ventures, stated: "It has been a privilege to partner with the Guardsquare team and support the company's growth journey. As it scaled its business, Guardsquare has consistently demonstrated its commitment to innovation and leadership in mobile application security. We are confident that this new partnership with Verdane will open up many new growth opportunities and allow Guardsquare to continue to help set the standard for mobile application security worldwide." The completion of the transaction is pending standard regulatory approvals. Both parties are preparing to build on Guardsquare's existing track record in the sector, with an emphasis on further product enhancements and expansion into new markets. Follow us on: Share on:
Business Wire
03-07-2025
- Business
- Business Wire
Verdane Invests in Guardsquare to Scale Mobile Security Solutions for All Businesses
LEUVEN, Belgium & BOSTON--(BUSINESS WIRE)-- Verdane, the European specialist growth investment firm, is entering a partnership with Guardsquare, a leader in mobile application security. The partnership follows previous investment from Battery Ventures and addresses the growing mobile app security threats by expanding access to GuardSquare's critical mobile application security for global businesses of all sizes. It also combines Guardsquare's deep technical expertise with Verdane's growth strategy through M&A and continued organic growth. Guardsquare's industry-leading mobile application protection is a critical cybersecurity service, and we're excited to partner with Roel and the entire Guardsquare team to make this available for even more businesses globally. Mobile applications are increasingly becoming the primary way users interact with businesses. Yet, mobile app security needs have historically remained underserved, especially as threat actors target mobile apps at an accelerated pace. Verdane's investment enables Guardsquare to expand its reach in providing the most comprehensive approach to mobile application security on the market, delivering the highest level of protection with ease. Earlier this year, Cyber Defense Magazine recognized Guardsquare as the market leader in Mobile App Security and honored the company with its prestigious Mobile App Security Award. 'I'm excited to embark on this new partnership with Verdane. It marks an inspiring and well-aligned progression toward our long-term vision. We will benefit from their expertise as, together, we take Guardsquare to the next level, significantly expand our market share, and increase our global reach through organic growth, ongoing product enhancements, and M&A,' said Roel Caers, CEO at Guardsquare. 'We're grateful for the support provided by Battery Ventures over the past several years as we became the market leader in mobile application protection. Their guidance enabled us to scale our business globally and attract top talent, particularly in the U.S.' 'Guardsquare's industry-leading mobile application protection is a critical cybersecurity service, and we're excited to partner with Roel and the entire Guardsquare team to make this available for even more businesses globally. The company's growth from a European to a global leader has been very impressive to behold, and we're looking forward to supporting the company in its future journey,' said Morten Weicher, Partner at Verdane. 'It has been a privilege to partner with the Guardsquare team and support the company's growth journey. As it scaled its business, Guardsquare has consistently demonstrated its commitment to innovation and leadership in mobile application security,' said Dharmesh Thakker, Partner at Battery Ventures. 'We are confident that this new partnership with Verdane will open up many new growth opportunities and allow Guardsquare to continue to help set the standard for mobile application security worldwide.' Completion of the transaction is subject to customary regulatory approvals. About Verdane Verdane is an independent specialist growth investment firm that partners with tech-enabled and sustainable European businesses. Verdane can invest as a minority or majority investor, either in single companies or through portfolios of companies, and looks to invest inside two core growth themes; digitalisation and decarbonisation. Verdane has more than €8 billion in assets under management and its funds have made over 200 investments in fast-growing businesses since 2003. Verdane's team of over 150 investment professionals and operating experts, based out of Berlin, Munich, Copenhagen, Helsinki, London, Oslo and Stockholm, is dedicated to being the preferred growth partner to tech-enabled and sustainable businesses in Europe. Verdane is a UN PRI signatory and also a certified B Corporation, the most ambitious sustainability accreditation globally. The firm only backs businesses that pass its 2040 test, which indicates whether the company can thrive in a more sustainable future economy. Additionally, the Verdane Foundation, which is managed by the group, focuses on supporting sustainability globally and inclusion locally. About Guardsquare Guardsquare offers the most complete approach to mobile application security on the market, delivering the highest level of protection in the easiest possible way. Guardsquare's software integrates seamlessly across the development cycle, from app security testing to code hardening to real-time visibility into the threat landscape. Guardsquare products provide enhanced mobile application security from early in the development process through publication. More than 900 organizations worldwide across all major industries rely on Guardsquare to help them identify security risks and protect their mobile applications and SDKs against reverse engineering and tampering in the ever-evolving threat landscape. Learn more at and on LinkedIn. All trademarks recognized.
