Enterprise security’s weakest link is often identified as applications. The advent of cloud computing and the rise of hybrid work setups have cultivated an environment where applications stand as prime targets for cyber attackers. According to research, a significant 42% of organizations have encountered security incidents tied to unpatched mobile applications or devices.
Nevertheless, an increasing number of providers are stepping forward to bolster the defenses of applications against modern threat actors. One such player in this arena is Build38, a mobile security and application monitoring provider. Today, they have announced a successful €13 million funding raise as part of a Series A funding round, with Tikehau Capital leading the investment.
One of Build38’s key offerings, the Trusted Application Kit (TAK), is a software development kit crafted to seamlessly integrate with Android and iOS applications during their development phase. Its primary purpose is to incorporate threat detection capabilities directly into the application.
This funding announcement underscores the importance of shifting security practices to the early stages of development and integrating in-app protections. This strategic approach holds the potential to significantly diminish the likelihood of threat actors exploiting vulnerabilities in end-user devices, particularly at the network’s edge.