HUMAN acquires anti-malvertising company clean.io

US-based cybersecurity company HUMAN announced on Thursday that it has acquired clean.io, a protection provider against e-commerce fraud and malicious advertising, also known as malvertising. The company didn’t disclose the financial terms of the deal.

By joining powers with clean.io and adding their technology to its HUMAN Defense Platform, the company aims to enhance its solutions to better protect the ad industry from cybercrimes and make sure the real people receive the annual 500 billion ad spend, not cybercriminals. It will also help strengthen its position in the cybersecurity area, HUMAN said in a press release.

“The vision of the Human Defense Platform is to safeguard organizations from a full range of fraud and abuse by disrupting the economics of cybercrime,” said Tamer Hassan, HUMAN’s  co-founder and chief executive officer. “By teaming up with clean.io, HUMAN is gaining significant talent with deep domain expertise along with increased signal across the internet, enhancing our collective protection capabilities for our customers across the entire digital ecosystem,” he added.

clean.io’s co-founder and CEO Geoff Stupay, who will join HUMAN as Vice President of Media Strategy, commented: “There has never been a stronger need for collective protection against cybercriminals. Since our founding in 2017, clean.io’s mission has been to put an end to malicious code and to protect the customer experience, revenue and brand from the latest threats. To that end, we are thrilled to be joining forces with HUMAN. Our combined lens, telemetry and mitigation across the ecosystem will deliver the most effective and comprehensive protection for our combined customers.”

In addition, Gavin Reid, who serves as Vice President of HUMAN’s Satori Threat Intelligence and Research, added that the acquisition of clean.io will provide them with ‘’invaluable talent and threat intelligence.’’

‘’This will help us defend our customers from future attacks and support disruption efforts like 3ve, Methbot, PARETO, and most recently, Scylla,” Reid said.

Also Read: Satori team spots 75 ad-fraud apps on Play Store, 10 on App Store

The acquisition comes months after HUMAN announced a merger deal with PerimeterX, a California-based company offering protection for web-based applications against cyber threats.

Earlier this year, HUMAN also raised $100 million in a funding round led by growth equity firm WestCap and venture capital firm NightDragon.