# PSafe Tecnologia S.A

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/psafe-tecnologia-s-a

- Industry: Software
- Headquarters: Rio de Janeiro, Brazil
- Website: www.psafe.com
- Total disclosed funding: $90M
- Latest round: Series D (Jul 9, 2015)
- Investors on record: 6

## About

Founded in 2010 by CEO Marco de Mello, Ram Rao, and Benjamin Myers and headquartered in Rio de Janeiro, Brazil, PSafe Tecnologia S.A (PSafe) is a provider of mobile, privacy, security, and performance applications. The company’s dfndr apps have recorded over 300 million downloads worldwide and six million active users on its flagship app, dfndr security. PSafe’s investor portfolio includes Redpoint Ventures, e.ventures, Pinnacle Ventures, and Brazil’s PEV. As of 2021, the company employs over 150 employees. 

In 2020, PSafe launched Risk Calculator for leaks Enterprise Data to assess the level of security and protection of corporate data across the dfndr enterprise. In 2021, the company merged with CyberLabs, resulting in the new company being called as CyberLabs Group currently operating in Brazil and the US. 

PSafe’s flagship app, dfndr security that has over 10 tools to protect users against viruses, online threats, identity thefts, and WhatsApp hacking allowing the users to block access, delete data, capture a thief via photo, and geolocate the mobile device. Additionally, the company offers dfndr VPN to protect users’ online activities from hackers, allowing access to blocked content, and higher privacy; dfndr performance, a phone memory booster app; dfndr battery to extend battery life by closing power-draining apps; and dfndr lab to block malicious URLs. 

The company generates revenue through in-app purchases via the pro and ultra model. 

Post the merger with CyberLabs, CyberLabs Group comprising of PSafe plans to invest in the B2B sector, that is, negotiations with other companies to offer protection services especially to small and medium-sized businesses. The new group expects a turnover of BRL 100 million in 2021 while expanding its presence in the Latin American SaaS cybersecurity company market and the creation of dfndr labs.

## Funding rounds

- Series D, Jul 9, 2015, $30M — Redpoint Ventures, Pinnacle Ventures, Headline, Beijing Qihu Keji Co. Ltd., Grupo Xango S/A, Redpoint eVentures
- Series C, Nov 1, 2014, $30M — Redpoint Ventures, Pinnacle Ventures, Headline, Beijing Qihu Keji Co. Ltd., Redpoint eVentures
- Series C, Dec 4, 2013, $30M — Pinnacle Ventures, Headline, Beijing Qihu Keji Co. Ltd.

## Investors

- Pinnacle Ventures (https://capitalatlas.ai/funds/pinnacle-ventures) — Series C, Series D
- Headline (https://capitalatlas.ai/funds/headline) — Series C, Series D
- Beijing Qihu Keji Co. Ltd. — Series C, Series D
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series C, Series D
- Redpoint eVentures (https://capitalatlas.ai/funds/redpoint-eventures) — Series C, Series D
- Grupo Xango S/A — Series D