AppInside has received a $3.2m investment from Accomplice and several unnamed angel investors. The company solves mobile app security problems using complex algorithms and a closed off, simulated hacking environment, where security vulnerabilities can be detected. Should problems be found, AppInside’s tech will make recommendations on how to solve them.
However, the system is easy to use, and doesn’t require coding knowledge. Additionally, it will help developers identify cloned apps, and the evidence gathered can be used to shut them down.
Elon Ohevya, CEO and co-founder of AppInside, said:
“Mobile applications are at the highest risk of exploitation, leaving both mobile app developers and their users vulnerable to data breaches and other malicious activity. For the most part, the app owners are unaware of their exposure to these threats. The funding is a validation of our approach and the immense problem we are trying to solve. We are pleased that our investors support our mission to fix mobile app security vulnerabilities before they are exploited.”
The company will continue to develop the app using the new funds, and also push forward with its commercialization. It also intends to move its main headquarters to Boston.