CloudSEK, a Predictive Cyber Threat Intelligence firm specializing in AI-powered attack detection. / cloudsek.com/
CloudSEK, a Predictive Cyber Threat Intelligence firm specializing in AI-powered attack detection, has become the first Indian-origin cybersecurity company to raise $10 million (approximately ₹90 crore) from a U.S. state-backed venture fund.
CloudSEK made the announcement of securing this investment from Connecticut Innovations (CI), the strategic venture capital arm of the State of Connecticut, as part of its $10 million Series B2 round.
ALSO READ: Ravi Shastri-backed firm debuts AI injury-prevention tech at CES
Speaking about this achievement, CloudSEK co-founder and CEO Rahul Sasi said,
“Becoming the first Indian-origin cybersecurity company to receive backing from a U.S. state fund is a milestone for CloudSEK, as well as for the entire Indian cybersecurity ecosystem.”
“With Connecticut as our U.S. anchor, we are committed to creating jobs, investing in localized research, and strengthening cyber resilience in the Western world. CloudSEK is proud to advance its identity as a truly Indo-American cybersecurity company,” he added.
CloudSEK had previously raised $19 million in its Series B1 round and has now concluded the Series B round with this B2 tranche, comprising a mix of primary and secondary capital.
Founded in 2015 by Sasi, CloudSEK currently serves over 300 enterprises across the BFSI, healthcare, technology, and government sectors.
The partnership with CI comes after CloudSEK emerged as a top startup at VentureClash, CI’s global investment pitch competition.
CloudSEK has mentioned that they aim to leverage the investment to accelerate its expansion in the U.S., with plans to establish its regional hub for operations, talent, and partnerships in Connecticut.
CI funding will play an active role in enabling CloudSEK to recruit high-quality cybersecurity and AI talent from the region, establish partnerships with local academic and research institutions, build its U.S. regional headquarters in Connecticut, and drive region-specific cybersecurity research and innovation.
Discover more at New India Abroad.
ADVERTISEMENT
ADVERTISEMENT
Comments
Start the conversation
Become a member of New India Abroad to start commenting.
Sign Up Now
Already have an account? Login