When was ShieldSquare founded?

ShieldSquare was founded in 2014 and raised its 1st funding round within a year of its incorporation.

Where is ShieldSquare located?

ShieldSquare is headquartered in Bengaluru, India. It is registered at G.G.R. Towers, Unit-2, No.18/2B of Ambalipura, Village Varthur Hobli, Bangalore East Taluk, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103.

Who is the current CEO of ShieldSquare?

Justin Lie of ShieldSquare. They have also founded 2 companies.

Which legal entities is ShieldSquare associated with?

ShieldSquare is associated with KAALBI TECHNOLOGIES PRIVATE LIMITED.

How many employees does ShieldSquare have?

As of Aug 31, 2025, ShieldSquare has 146 employees, reflecting a 36% year-over-year growth in headcount.

Is ShieldSquare a funded company?

ShieldSquare is a funded company, having raised a total of $3.27M across 4 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Oct 10, 2014.

How much is ShieldSquare worth?

The last known valuation of ShieldSquare was $***** as of Jul 18, 2017.

When was the latest funding round of ShieldSquare?

ShieldSquare's latest funding was a $***** Series A round on Jul 18, 2017, with participation from 9 investors. Its primary sector is Cybersecurity. In India, the Cybersecurity sector has seen $115M in funding in 2026 to date.

What is the annual revenue of ShieldSquare?

Annual revenue of ShieldSquare is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does ShieldSquare rank among its competitors?

ShieldSquare ranks 4th amongst 47 active competitors, of which 5 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Netacea, which secured $5.09M in Dec, 2024.

Who are the top competitors of ShieldSquare?

ShieldSquare's top competitors include DataDome, Netacea and Shape Security. Among them, Netacea secured the most recent funding round in December, 2024.

ShieldSquare - 2026 Company Profile, Team, Funding, Competitors & Financials

ShieldSquare is an acquired company based in Bengaluru (India), founded in 2014 by Rakesh Kumar Thatha, Justin Lie, Gopalkrishnan Vasanth Kumar and Jyoti Kakatkar. It operates as an Automated protection solution against bot attacks and scrapping for websites. ShieldSquare has raised $3.27M in funding from investors like Startupxseed Ventures, Endiya Partners and Venture Highway, with last known valuation of $*****. The company has 47 active competitors, including 5 funded and 4 that have exited. Its top competitors include companies like DataDome, Netacea and Shape Security.

Company Details

ShieldSquare provides automated protection against bot attacks and scrapping for websites. The features of the product include Bot Detection and Prevention, traffic redirection, integration, DDoS attack prevention, management, etc. It provides solutions to industries such as media, travel, healthcare, public sector, etc. The clients of the company include Pearson, DORMAN, axel springer, Meredith, etc.

Website: shieldsquare.com
Social
Registered Address: G.G.R. Towers, Unit-2, No.18/2B of Ambalipura, Village Varthur Hobli, Bangalore East Taluk, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103

Key Metrics

Founded Year

2014

Location

Bengaluru, India

Stage

Acquired

Total Funding

$3.27M in 4 rounds

Latest Funding Round

Series A, Jul 18, 2017, $*****

Last Known Valuation

$***** as on Jul 18, 2017

Investors

Startupxseed Ventures & 39 more

Ranked

4^th among 47 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

146 as on Aug 31, 2025

Similar Companies

DataDome & 70 more

Exit Details

Acquired by Radware (Jan 07, 2019)

View ShieldSquare's full profile

ShieldSquare is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
KAALBI TECHNOLOGIES PRIVATE LIMITED CIN: U72200KA2014PTC074266 , India, Active	Mar 20, 2014	₹10 - ₹50 Cr (As on Mar 31, 2025)	146 (As on Aug 31, 2025)

ShieldSquare got acquired by Radware on Jan 07, 2019.

Click here to take a look at ShieldSquare's acquisition in detail

ShieldSquare has raised a total funding of $3.27M over 4 rounds. Its first funding round was on Oct 10, 2014. Its latest funding round was a Series A round on Jul 18, 2017 for $*****. 9 investors participated in its latest round. ShieldSquare has 11 institutional investors and 29 angel investors.

Here is the list of recent funding rounds of ShieldSquare:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 18, 2017	1144442	Series A	8921701	5208250	7481907	6297200
Sep 20, 2016	9709096	Seed	2110080	5870759	8149286	Viswanath Poosala & 3 more
Aug 26, 2015	9086550	Seed	3357040	7104754	Startupxseed Ventures	Aecal & 8 more

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View details of ShieldSquare's funding rounds and investors

The founders of ShieldSquare are Rakesh Kumar Thatha, Justin Lie, Gopalkrishnan Vasanth Kumar and Jyoti Kakatkar. Justin Lie is the CEO of ShieldSquare.

Here are the details of ShieldSquare's key team members:

Rakesh Kumar Thatha: Former Co-Founder of ShieldSquare and founder of 2 other companies, Radware Bot Manager and ArrayShield. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Justin Lie: Founder & CEO of ShieldSquare and founder of 2 other companies, Cashshield and SHIELD. They serve on the board of 1 company.
Contact Info: 1 email address
Gopalkrishnan Vasanth Kumar: Co-Founder & Coo of ShieldSquare. They serve on the board of 1 company.
Contact Info: 1 phone number
Jyoti Kakatkar: Co-Founder & VP Technology of ShieldSquare. They serve on the board of 1 company.

ShieldSquare's Board of Directors

ShieldSquare's board has 5 active members. Jyoti Kakatkar and Srikanth Konijeti are part of team and Yehuda Zisapel, Nikhil Taneja and Roy Zisapel are independent board members.

Here is the list of ShieldSquare's board of directors:

Name	Type	Representing	Status	Duration
Jyoti Kakatkar	Team	-	Current	13y 2m
Srikanth Konijeti	Team	-	Current	13y 2m
wagojqo	Team	-	Past	5y 3m
{ktvcn{	Team	-	Past	7y 3m
oreldtz	Team	-	Past	4y 8m
f{blyem	Investor	{rrgoen	Past	4y 7m
Yehuda Zisapel	Independent board member	-	Current	7y 5m
zew{rhc	Independent board member	-	Current	8y 6m
{ahjdfz	Independent board member	-	Current	2y 8m
glfqdeg	Independent board member	-	Past	2y 1m

View details of ShieldSquare's Founder profiles and Board Members

ShieldSquare's employee count trend

ShieldSquare has 146 employees as of Aug 25. The total employee count is 35.0% more than what it was in Aug 24. Here is ShieldSquare's employee count trend over the years:

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Top competitors of ShieldSquare include DataDome, Netacea and Shape Security. Here is the list of Top 10 competitors of ShieldSquare, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DataDome 2015, Paris (France), Series C	Website protection against bot and marketplace for content motenization	$81.2M	Elephant Venture Capital, InfraVia Capital Partners ... & 7 others	63/100
2nd	Netacea 2018, Manchester (United Kingdom), Series A	Provider of bot protection and threat intelligence against automated attacks	$22.6M	Mercia, Cyber Consortium & 14 others	58/100
3rd	Shape Security 2011, Mountain View (United States), Acquired	Advanced website defense using botwalls	$208M	Norwest, EPIC Ventures & 28 others	52/100
4th	ShieldSquare 2014, Bengaluru (India), Acquired	Automated protection solution against bot attacks and scrapping for websites	$3.27M	Endiya Partners, Aecal & 38 others	52/100
5th	Distil Networks 2011, Arlington (United States), Acqui-Hired	Cybersecurity leader protecting applications, data, and APIs from advanced threats	$56.1M	Techstars, Bessemer Venture Partners & 17 others	43/100
6th	GeeTest 2012, Wuhan (China), Seed	Botnet prevention platform for the website	$160K	Volcanics Venture, IDG Capital & 2 others	43/100
7th	Veracity Trust Network 2017, London (United Kingdom), Seed	Provider of AI-powered solutions to detect and prevent malicious bot attacks	$483K	Stakeholderz, Packard Capital & 9 others	36/100
8th	Unbotify 2015, Haifa (Israel), Acquired	Behavioral biometrics and machine learning based bot detection	-	Metropolis Ventures, Maverick Ventures	36/100
9th	Ellipsis 2012, Greenville (United States), Seed	Behavior analytics-based anti-bot solution for websites	$583K	SC Launch	35/100
10th	Are You A Human 2010, Detroit (United States), Acqui-Hired	Provider of bot protection security solutions over websites	$7.91M	Zell Lurie, Detroit Venture Partners & 8 others	35/100

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Looking for more details on ShieldSquare's competitors? Click here to see the top ones

Founders (largest shareholder) own 40.57%, Funds own 37.95%, Angels own 13.72% and Other People own 3.78%. The net worth of ShieldSquare's founders is INR 23.3Cr as of Jul 18, 2017.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	40.57%	23.3Cr	6745915	3636171	9854791	6412977
Rakesh Kumar Thatha	9273128	2680719	9878282	2871338	3492835	7286992
Gopalkrishnan Vasanth Kumar	8373	5702	2532	8844	6333	9961
Chandu Nair	129	839	853	394	705	183
Jyoti Kakatkar	7	7	4	7	5	4
Fund	37.95%	21.8Cr	8963144	5372655	1046995	6469342
Endiya Partners	2119600	3074785	4493822	7889080	3397892	8165403
Venture Highway	42855	29667	96368	64128	17970	46454
Startupxseed Ventures	7977	9144	5308	1080	6853	8216
Aecal	0	0	0	0	0	0
Angel	13.72%	7.87Cr	3524906	5850848	8774470	4547224
Viswanath Poosala	0	0	0	0	0	0
Sanjay Anandaram	0	0	0	0	0	0
Other People	3.78%	2.17Cr	480	616	344	762
ESOP Pool	3.97%	2.28Cr	597	217	180	190
Total	99.99%	57.5Cr	3854947	4762543	6299970	5009725