New York: Confiant, the advertising security company, today announced it has closed a $4.1 million Series A equity round funding led by River Bay Investments and Rubicon Venture Capital. Tom Leonard, River Bay Investments’ CEO, will join Confiant cofounders Louis-David Mangin and Jerome Dangu on the board of directors.
The new infusion of capital will further support investments in product innovation and will help Confiant continue to attract and hire top talent. The announcement follows the recent addition of two experienced executives to Confiant’s leadership team, and the company plans to double its headcount in 2019 as it deepens its unique position to solve this problem holistically for the entire ecosystem.
“Confiant is the first mover in delivering real-time protection from criminals intent on hijacking digital advertising,” said Louis-David Mangin, Confiant’s CEO, and co-founder. “As the innovator in protecting publishers and platforms from malvertising, we’ll use this funding to redouble our efforts at delivering the best protection to the industry in the face of the ever-evolving threat of malvertising.”
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