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Overview
GuardSquare provides multi-layer mobile app security for native and cross‑platform apps. It protects Android with DexGuard and iOS with iXGuard using code hardening, obfuscation, encryption, and runtime protection, and offers AppSweep for security testing and ThreatCast for live threat monitoring. It differentiates itself by wrapping protection across the development lifecycle and maintaining backward compatibility with ProGuard configurations. Its goal is to help businesses securely ship mobile apps by reducing code exposure and detecting active attacks, supported by licenses and expert services.
About Guardsquare
Industries
Enterprise Software
Cybersecurity
Company Size
51-200
Company Stage
Early VC
Total Funding
$30.1M
Headquarters
Leuven, Belgium
Founded
2012
Simplify's Take
What believers are saying
- Verimatrix XTD acquisition adds 60 enterprise clients including Crédit Agricole, Deutsche Bank, expanding four countries.
- AppSweep Enterprise scales security testing with SSO, team permissions, CLI integration for large organizations.
- Verdane investment funds organic growth and M&A to capture growing mobile app security market demand.
What critics are saying
- Google's R8 replaces ProGuard in Android SDK, eroding free-to-paid conversion funnel to DexGuard.
- Promon Shield undercuts DexGuard pricing with superior polymorphic virtualization, targeting fintech clients.
- Apple Lockdown Mode and iOS 20+ hardening render iXGuard obfuscation partially redundant for iOS revenue.
What makes Guardsquare unique
- Integrated protect-test-monitor platform covers full mobile app security lifecycle seamlessly.
- ProGuard foundation and DexGuard/iXGuard compiler-based polymorphic protection prevent reverse engineering effectively.
- 900+ customers across finance, e-commerce, gaming, healthcare with tier-1 bank relationships post-XTD acquisition.
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Funding
Total Funding
$30.1M
Above
Industry Average
Funded Over
3 Rounds
Battery VenturesBenefits
Hybrid Work Options
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↓ -3%1 year growth
↓ -2%2 year growth
↑ 4%BOSTON & LEUVEN, Belgium–(BUSINESS WIRE)–Guardsquare, the leading provider of mobile application security, today announced it has completed the acquisition of... Read More
Leuven-based Guardsquare has acquired Verimatrix's XTD (Extended Threat Defense) division for $8.5 million in its first major acquisition. XTD, founded in 2021 by cybersecurity experts, protects mobile, web and desktop applications against cyber threats by predicting, detecting and combating risks before they affect apps. The acquisition brings Guardsquare 60 new customers, predominantly tier 1 and 2 companies in media and financial sectors, including Crédit Agricole and Deutsche Bank. CEO Roel Caers said the deal expands Guardsquare's presence into four new countries: Scotland, the Netherlands, Finland and Hungary. The French cybersecurity company Verimatrix, listed on the Paris stock exchange, sold the division to its Leuven-based competitor.
Verdane, a European growth investment firm, is partnering with Guardsquare, a leader in mobile application security, to expand access to Guardsquare's security solutions globally. This partnership follows previous investment from Battery Ventures and aims to address growing mobile app security threats. Verdane's investment will help Guardsquare enhance its market share and global reach through organic growth and M&A. Completion of the transaction is subject to regulatory approvals.
LEUVEN, Belgium--(BUSINESS WIRE)--Guardsquare, the mobile application security provider, today announced the company’s award-winning free mobile application security testing (MAST) product, AppSweep, is now available in an enterprise version to help organizations scale their ability to find and address security risks across multiple teams working at different stages of mobile app builds. AppSweep Enterprise facilitates access across teams, compliance with IT security policies and seamlessly integrates with existing tools and systems. Now available in both free and paid versions, Guardsquare’s introduction of AppSweep Enterprise provides organizations with the ability to seamlessly integrate with existing business tools and processes while also scaling to meet the needs of growing teams. With this latest release, organizations can now:Manage team permissions and roles with fine-tuned access controls that can be customizedUnified, secure login experience for all team members with seamless single sign-on (SSO)Easily integrate detailed findings with existing tools through extended command line interface (CLI)AppSweep helps developers quickly find and - with the actionable recommendations within the product - solve security issues in Android and iOS app code and dependencies, based on security standards such as OWASP MASVS. Built for mobile, AppSweep automates the testing of mobile apps leveraging different analysis techniques to obtain relevant, actionable findings about an app’s code through static analysis (SAST) and dynamic analysis (DAST/IAST) at runtime. AppSweep is now available in both free and Enterprise versions
Leuven-headquartered mobile app security…
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About Guardsquare
Industries
Enterprise Software
Cybersecurity
Company Size
51-200
Company Stage
Early VC
Total Funding
$30.1M
Headquarters
Leuven, Belgium
Founded
2012
Guardsquare is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today