SquareX, the pioneer in Browser Detection and Response (BDR), announced its strategic partnership with Wipro Ventures, Wipro Limited’s investment arm. The investment is part of the company’s Series A led by SYN Ventures and Peak XV, which was announced in April this year. This investment marks the tech giant’s strategic entry into the fast-growing browser security market, acknowledging both browser security as the emerging frontier in cybersecurity and SquareX as a strategic partner in the browser security market.
“Browser security has become a major priority for many of our customers, especially with the upsurge in attacks and data leakage coming from the browser,” says Ali Wasti, Managing Partner at Wipro Ventures. “SquareX‘s technology and their team’s deep understanding of browser-native threats are of significant value to our customers, as they tackle this new attack vector. We are excited to partner with SquareX in providing Wipro‘s existing and new customers with SquareX’s Browser Detection and Response solution.”
As browsers become the new endpoint, it has also become the single most common initial access point for attackers to target employees. Unfortunately, existing solutions like SASE/SSE and EDRs have limited visibility in the browser, leading to an emergence of attacks like Last Mile Reassembly and Data Splicing Attacks that completely bypass these solutions. SquareX‘s Browser Detection and Response extensions secure any browser on any device, protecting against browser-native threats such as rogue AI agents, malicious extensions and identity attacks. As a browser extension, SquareX also provides Enterprise Browser and Browser Data Loss solutions without the deployment challenges and productivity impact of a dedicated enterprise browser.
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“We are delighted to join forces with Wipro as we continue to pioneer the industry’s first Browser Detection and Response solution,” said Vivek Ramachandran, Founder of SquareX, “As organizations worldwide grapple with increasingly sophisticated browser-based attacks, having a strategic partner like Wipro, who has deep enterprise relationships and global reach, will play a critical role in accelerating our mission to enable employees to be fearless online.”
SOURCE: PRNewswire