SafeDK Announces $3.5 Million in Series A Funding to Scale its Mobile SDK Management Platform

SafeDK, the leading mobile SDKs Management Platform, today announced that it has closed a Series A investment round of $3.5 million from Samsung Next Tel Aviv, Marius Nacht, StageOne Ventures, Kaedan Capital, as well as leading angel investor Leon Waisbein. This funding round follows a seed investment of $2.25 million that was announced in November 2015 and was led by StageOne Ventures.

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The company is also announcing the release of the first ever iOS SDK Management Platform, after the completion of a successful iOS beta integration in hundreds of thousands of mobile devices. The Android solution was launched less than a year ago and is already deployed on millions of mobile devices worldwide.

SafeDK will use the funds of the current financing round to scale its operation, increase hiring and enhance its expansion in the US market.

"Our suite of solutions has helped Android mobile developers across the globe ensure that the performance, stability and privacy of their apps are not compromised. Now we are looking to emulate that success to the important iOS development community and expand our activity to new verticals." Says Ronnie Sternberg, SafeDK's Co-founder and VP Business Development, "SafeDK has already proved invaluable in helping to avoid millions of crashes, excessive battery consumption issues as well as privacy breaches, all in production apps."

"SafeDK technology provides unprecedented accountability and control to mobile developers and increases privacy and security," says Eyal Miller, General Manager at Samsung Next Tel Aviv. "A solution that improves the quality of apps can only help to make the work of mobile developers and publishers better."

"SafeDK's unique solution provides real value to mobile developers and publishers alike by thwarting the underlying causes of most app crashes and glitches" says Tal Slobodkin, Managing Partner at StageOne Ventures. "We have been working very closely with Orly and Ronnie and are pleased by the company's progress. The opportunities that this financing round presents are tremendously exciting."

Founded in 2014, SafeDK is the world's first mobile SDKs management end-to-end solution. The offering includes real-time SDKs visibility and control, an SDK Marketplace that provides top-rated SDKs for mobile apps and business intelligence tools for the SDK industry. SafeDK has seen tremendous growth since its launch with many app publishers and SDK providers worldwide using one or more of its solutions.

Most mobile apps use 3rd party SDKs to add functionalities that include advertising, analytics, social, and more. These SDKs often lead to certain malfunctions of the apps such as slowing down, crashing, excessive battery consumption and malicious behavior. To safeguard their apps and their users, app publishers simply integrate SafeDK's solution into their development environment, where it automatically identifies all the SDKs in that particular app. From that point onward, the publishers gain full visibility and control over the real-time behavior of their SDKs with the ability to view live SDK issues and statistics, turn their privacy permissions on and off, or remotely deactivate an entire problematic SDK. No additional intervention on the part of the developer is required beyond the initial integration.

What makes SafeDK a crucial solution for developers is the ability to update their apps' new SDK configuration with a simple click of a button, and without the need for version updates. Once a developer makes changes using the SafeDK dashboard, these changes are automatically reflected across all devices. SafeDK users can stay up-to-date on the latest issues with the SDKs they utilize in their apps and get real time statistics and alerts, which minimizes the amount of time an app and its users are at risk.

About SafeDK

SafeDK is a complete mobile SDKs management platform which enables app publishers to build better and safer apps. SafeDK covers the entire span of the app development cycle, from finding the top-rated SDKs in the SafeDK Marketplace, to ongoing monitoring and real-time control of SDKs. SafeDK was founded in September 2014 by Orly Shoavi and Ronnie Sternberg, and has it's headquartered in Herzelia, Israel. The company is funded by Samsung Next Tel Aviv, Marius Nacht, StageOne Ventures and top strategic Angel investors, including Leon Waisbein and Kaedan Capital.

SOURCE SafeDK