Treacle, a cybersecurity startup has raised INR 4 Crores in a pre-seed round led by Inflection Point Ventures.
The funds will be utilised to enhance technical and business development, marketing and office expenses, partnerships, and expansion in the Indian market.
Incubated from the IHub program at FIRST, IIT Kanpur, Treacle, specializes in Defensive Security. Led by Co-founders Subhasis Mukhopadhyay (CEO), Subhajit Manna (CTO), and Partha Das (COO), it combines decades of collective expertise in cybersecurity and software development. Subhasis, with 8 years in Defensive Cyber Security and renowned research acumen, spearheads innovation. Subhajit, comes with a B.Tech in ECE and 7 years' experience in OT systems security and DevOps, ensures technical excellence. Partha, holding a BCA degree and certified as an Ethical Hacker, leverages over 11 years of IT and cybersecurity experience to drive operational efficiency and product development. Together, their diverse skill sets fuel Treacle's mission to pioneer cybersecurity solutions.
Read also - Gupshup Appoints Salim Ali as Chief Marketing Officer
Vikram Ramasubramanian, Partner, Inflection Point Ventures says, “Treacle's core strengths lie in our AI-Based Deception Technology, a cornerstone of our Defensive Cyber Security solutions. By analyzing attacker behavior and diverting them into simulated networks, Treacle provides advanced protection. Additionally, the AI-Based Early Warning System enhances the ability to identify threats swiftly and proactively, issuing early alerts to SOC analysts.”
Treacle's strengths lie in its cutting-edge AI-Based Deception Technology, which forms the backbone of its Defensive Cyber Security solutions, that provides advanced protection by analyzing attacker behavior, diverting them into mirage networks, and issuing early warnings to SOC analysts. Additionally, the implementation of an AI-Based Early Warning System enhances its capability to identify threats swiftly and proactively. These USPs enable Treacle to offer unparalleled protection, empowering organizations to stay ahead of evolving cyber threats. Dedicated to enhancing national cybersecurity infrastructure, Treacle serves both private and government sectors with cutting-edge solutions developed through rigorous research.
Read also - [Funding News] IIT Madras Raises Rs. 513 Crore from Alumni, Corporates & Donors
Subhasis Mukhopadhyay, Co-Founder & CEO, says, “Our mission centers on safeguarding network infrastructures through early detection, containment, and deception of threats. We're committed to delivering unparalleled value in the market, ensuring our clients have access to premium security solutions in an affordable manner. Our goal is to establish ourselves as a market leader and create sufficient value to make the cyber world a safer place within the next five to six years.”
Treacle has achieved significant milestones since its inception. Notably, they secured grants such as the C3iHub Grant and the SISFS Grant, totalling INR 26 lakhs, in 2021 and 2022, respectively. Additionally, Treacle represented India under DPIIT and participated in a sponsored delegation trip to Dubai in 2022. Further, they clinched the DCIS 2023 Grant worth INR 25 lakhs from the Department of Telecommunications, GoI, and won the AWS Campus fund Grand Challenge 2023, being named the Best Student Led Startup. These accomplishments underscore Treacle's dedication to innovation and excellence in the cybersecurity domain.
About Treacle
Founded in 2021 by Subhasis Mukhopadhyay, Subhajit Manna, and Partha Das, Treacle works in the area of Defensive Cyber Security. They have developed an AI-Based Deception Tech solution that helps identifying attackers at an early stage and increases the overall efficiency of the Security Operations Centre (SoC).
About Inflection Point Ventures and Physis Capital
Inflection Point Ventures (IPV) is an angel investing platform with over 14,000+ CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF, Physis Capital, to invest in pre-Series A to Series B growth-stage start-ups.
Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:
Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.
Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.
Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.