Verdane Partners with Guardsquare to Expand Mobile App Security

Verdane, a European growth investment firm, has partnered with Guardsquare, a leader in mobile application security, to address escalating mobile app threats. Following prior investment from Battery Ventures, this collaboration aims to scale Guardsquare’s industry-leading solutions, making comprehensive mobile security accessible to businesses worldwide.

Quick Intel

• Verdane invests in Guardsquare to enhance mobile app security solutions.

• Partnership scales Guardsquare’s reach for global businesses of all sizes.

• Guardsquare’s platform offers top-tier mobile application protection.

• Investment supports organic growth, product enhancements, and M&A.

• Mobile app security demand rises as threats target apps at a rapid pace.

• Guardsquare recognized as market leader by Cyber Defense Magazine in 2025.

Addressing the Mobile Threat Landscape

As mobile applications become the primary interface for business-user interactions, the need for robust security has surged. Threat actors increasingly target mobile apps, exploiting vulnerabilities in an underserved security domain. Guardsquare’s platform delivers the market’s most comprehensive mobile application protection, ensuring businesses can safeguard their apps with ease. Verdane’s investment will expand access to these critical cybersecurity services, enabling firms of all sizes to counter evolving threats effectively.

Scaling Through Strategic Growth

The partnership leverages Verdane’s expertise in growth strategies, including mergers and acquisitions (M&A) and organic expansion. Guardsquare, already a global leader, will enhance its market share by refining its product offerings and extending its reach. This investment builds on Guardsquare’s prior growth under Battery Ventures, which helped establish its leadership in mobile security and attract top talent, particularly in the U.S. market.

Industry Recognition and Leadership

Guardsquare’s dominance in mobile app security was affirmed by Cyber Defense Magazine, which named it the market leader and awarded it the 2025 Mobile App Security Award. The company’s solutions are designed to provide the highest level of protection, combining ease of use with advanced cybersecurity capabilities. This recognition underscores Guardsquare’s role in setting the standard for mobile application security worldwide.

Leadership Perspectives

“I’m excited to embark on this new partnership with Verdane. It marks an inspiring and well-aligned progression toward our long-term vision. We will benefit from their expertise as, together, we take Guardsquare to the next level, significantly expand our market share, and increase our global reach through organic growth, ongoing product enhancements, and M&A,” said Roel Caers, CEO at Guardsquare. Morten Weicher, Partner at Verdane, added, “Guardsquare’s industry-leading mobile application protection is a critical cybersecurity service, and we’re excited to partner with Roel and the entire Guardsquare team to make this available for even more businesses globally.”

The partnership positions Guardsquare to capitalize on the growing demand for mobile security, driven by the increasing reliance on mobile apps across industries. By combining Verdane’s strategic growth expertise with Guardsquare’s technical prowess, the collaboration aims to redefine mobile application security, ensuring businesses can protect their digital assets and maintain user trust in a rapidly evolving threat landscape.

About Verdane

Verdane is an independent specialist growth investment firm that partners with tech-enabled and sustainable European businesses. Verdane can invest as a minority or majority investor, either in single companies or through portfolios of companies, and looks to invest inside two core growth themes; digitalisation and decarbonisation. Verdane has more than €8 billion in assets under management and its funds have made over 200 investments in fast-growing businesses since 2003. Verdane’s team of over 150 investment professionals and operating experts, based out of Berlin, Munich, Copenhagen, Helsinki, London, Oslo and Stockholm, is dedicated to being the preferred growth partner to tech-enabled and sustainable businesses in Europe.

About Guardsquare

Guardsquare offers the most complete approach to mobile application security on the market, delivering the highest level of protection in the easiest possible way. Guardsquare's software integrates seamlessly across the development cycle, from app security testing to code hardening to real-time visibility into the threat landscape. Guardsquare products provide enhanced mobile application security from early in the development process through publication. More than 900 organizations worldwide across all major industries rely on Guardsquare to help them identify security risks and protect their mobile applications and SDKs against reverse engineering and tampering in the ever-evolving threat landscape.