CloudSEK Raises $19 Million in Funding Round
Cybersecurity platform CloudSEK has completed its Series A2 and B1 funding rounds, raising $19 million (Rs. 162.3 crore). The round saw participation from Indian and US-based investors.
Key Highlights:
- New investors include MassMutual Ventures, Inflexor Ventures, and Commvault.
- Existing backers like Meeran Family, StartupXSeed, and Exfinity Ventures continue to hold stake.
- Funds will be used to scale AI models and integrate technology into its platform.
Company Overview:
CloudSEK is an AI-powered cyber threat prediction and intelligence platform. It identifies potential breaches and initial attack vectors. The company has over 250 enterprise clients across banking, healthcare, and technology.
Global Expansion:
CloudSEK aims to expand globally, with a focus on product innovation. The company has seen significant growth in international markets, particularly in the US.
Quote:
“We’ve achieved scale while staying cash flow positive,” said Rahul Sasi, Co-Founder and CEO of CloudSEK. Over 60% of CloudSEK’s net new revenue now comes from international markets.
