Cybersecurity Firm CloudSEK $10 Mn in Series B round

Cybersecurity startup CloudSEK has raised $10 million in its extended Series B funding round, with participation from Connecticut Innovations (CI), the venture capital arm of the US state of Connecticut.

In a statement, the startup said the Series B2 round included a mix of primary and secondary capital. With this raise, it claims to have become the first Indian-origin cybersecurity company to receive funding from a US state-backed fund.

Read also- RenewCred Closes INR 4.15 Crore Seed Round Led by Campus Angels Network

“With Connecticut as our US anchor, we are committed to creating jobs, investing in localised research, and strengthening cyber resilience in the Western world. CloudSEK is proud to advance its identity as a truly Indo-American cybersecurity company,” said CloudSEK founder and CEO Rahul Sasi.

The startup said it will use the investment from CI to speed up its expansion in the US and set up a regional hub for operations and partnerships in Connecticut. It also plans to hire key local talent and build collaborations with corporate partners and universities in the region.

Founded in 2015 by Sasi, CloudSEK is a cybersecurity startup that helps businesses monitor their systems and digital infrastructure and anticipate cyber threats using its AI-powered technology. Unlike traditional solutions, the company says it can detect initial attack vectors (IAVs)—early signs of a possible breach such as leaked credentials or exposed APIs.

The startup claims to serve over 300 companies across sectors including BFSI, healthcare, and technology.

Advertisment

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Latest Business and Startup News: Discover Funding Trends and Stories Shaping Indian Startups.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges, and achieving success.