Hdiv Security S.L.

Hdiv Security S. L. specializes in application security, providing advanced solutions to protect web applications against vulnerabilities and ensuring data integrity for clients across various industries. Founded in 2016 in San Sebastian, Spain, Hdiv Security S.

L. focuses on application security solutions. The company has been involved in 4 deals, with its most recent deal occurring on May 5, 2022. The founders, Aritz Nuñez and Gorka Vicente, have a history of developing innovative security technologies.

In May 2022, Hdiv Security was acquired by Datadog, Inc. from Adara Ventures, with financial terms not disclosed. To date, Hdiv Security has raised a total of USD 1. 00 mn, with its latest funding round led by Adara Ventures.

Hdiv Security specializes in application security solutions, focusing on ensuring the integrity and safety of web applications through its flagship products. The company offers advanced security tools designed to prevent various types of vulnerabilities in applications, including SQL injection, cross-site scripting, and sensitive data exposure. Their primary offerings center around a comprehensive web application firewall (WAF), which operates by analyzing and filtering incoming traffic to web applications. This product is used by enterprises across finance, healthcare, and e-commerce sectors, addressing the critical need for security measures in a digital landscape.

Hdiv Security serves a diverse global client base, notably in North America and Europe. Hdiv Security generated revenue of USD 2,474,333. 50 in 2022, with an EBITDA of USD 2,144,956 for the same year. Revenue primarily comes from a subscription-based model for its suite of security products and services, where clients engage in annual contracts to ensure ongoing protection.

Partnerships with technology firms enhance revenue through integration into existing platforms, accommodating businesses of varying sizes with tiered subscription plans for flexible solutions tailored to their needs. Hdiv Security plans to leverage recent developments following its acquisition by Datadog, Inc. to enhance its product offerings and expand into new markets. The company is focusing on developing new security solutions aimed at addressing emerging threats and enhancing its existing web application firewall capabilities.

Additionally, the firm aims to penetrate further into North America and explore opportunities in Asia by end of 2023, utilizing the recent funding to support these initiatives.