Datadome

DataDome operates as a cybersecurity firm with a focus on real-time bot protection and online fraud prevention for businesses. Founded in 2015 by serial entrepreneurs Benjamin Fabre and Fabien Grenier, the company was established to combat the rising sophistication of malicious automated traffic. The founders' previous venture, TrendyBuzz, which analyzed online conversations using proprietary bot technology, provided them with deep expertise in bot behavior, leading to the inception of DataDome. After selling TrendyBuzz in 2014, they recognized that similar bot techniques were being repurposed for malicious attacks on digital businesses.

The company's business model is rooted in a Software-as-a-Service (SaaS) subscription, offering its platform to a global client base that spans e-commerce, retail, media, banking, and insurance. DataDome generates revenue by charging for access to its suite of protection tools, with pricing tiers structured to serve different business sizes. The client roster includes high-profile brands such as Reddit, Patreon, Vinted, SoundCloud, and Foot Locker. The firm has raised approximately $81-82 million in total funding over several rounds, including a $42 million Series C in March 2023, to fuel its global expansion, particularly in the United States.

DataDome's core product is a cybersecurity management platform that protects websites, mobile applications, and APIs from a wide array of automated threats. The technology uses an AI-powered engine that processes trillions of data signals daily to distinguish between human and bot traffic, blocking malicious activity in under two milliseconds. This system is designed to defend against web scraping, account takeover attempts via credential stuffing, Layer 7 DDoS attacks, payment fraud, and carding. A key feature is its ability to adapt machine learning models in real-time at the edge, ensuring protection without compromising the user experience for legitimate visitors; the company reports a false positive rate below 0.01%. The platform integrates with over 50 technology stacks, including major cloud providers like AWS and CDNs, allowing for deployment in a matter of minutes.

Keywords: bot protection, online fraud prevention, cybersecurity, SaaS, account takeover, web scraping, credential stuffing, DDoS protection, API security, e-commerce security, machine learning, real-time threat detection, application security, bot management, cyberfraud, AI security, digital business protection, mobile app security, data privacy, financial services security