WebARX is an Estonian company that’s specialised in web security. The company handles web security product development; technology that includes WAF and several monitoring capabilities for web developers and digital agencies as well.
During the second round of investment announced by WebARX, companies like LIFT 99, Thorgate Ventures, Argello, and Pipedrive have also participated.
“ODS met WebARX at Web Summit 2018, a reference event in the technological world. We got to know the product and the company´s culture, and then we realize that WebARX is an innovative company that fits in perfectly way with our vision and product portfolio. After several meetings with the founder Oliver Sild and his team we noted that a company has a high prospect on future [developments] and growth, so we did not hesitate to offer our financial assistance and, thereby, invest in the company.”
Gareth Sharp, CEO of ODS
“The investment rounds represent an important impulse to reach a higher volume of potential clients, as well as, to present our innovative web security platform to the world. This latest round of investment has generated incredible value add. We are highly delighted with our investors who combine expertise and know-how in fields like cybersecurity, Blockchain technologies, B2B, SaaS sales and web development.”
Oliver Sild, CEO and Co-founder of WebARX
It is important to accentuate the vulnerability that occurred in February 2019, where WebARX detected a critical fault in a WordPress plugin. This allowed attackers to control entire websites through “Simple Social Buttons”. This problem put more than 40,000 websites at risk of getting hacked, but the problem got solved rapidly thanks to WebARX discovery of the vulnerability.
Since its creation in July 2018, WebARX’s list of clients has not plateaued in growth. The company currently consists of 5 employees, and provides its innovative platform to consumers in more than 83 countries. The company’s product protects over 100,000 websites worldwide, all while improving and monitoring their security.
At ODS, we are committed to cybersecurity innovation. Our collaboration offers very positive aspects for both of our companies, and we are sure that together we will grow. All as we follow the road to innovation, security and protection in today’s digital world!