CloudSEK, an information security risk management SaaS-based start-up, has raised Rs 14 Crores in its Pre-Series A investment led by Exfinity Venture Partners and StartupXseed.
CloudSEK, an information security risk management SaaS-based start-up, has raised Rs 14 Crores in its Pre-Series A investment led by Exfinity Venture Partners and StartupXseed. CloudSEK will leverage the freshly raised funds to evolve its flagship product XVigil, a unified risk management platform. The company will also use the funds to expand its footprints in India and South East Asia. After establishing itself as a preferred cyber security solution in the financial, e-commerce and transportation sector, CloudSEK now plans to target the pharmaceuticals, petrochemicals and retail industry.
CloudSEK is the brainchild of Rahul Sasi and was founded in 2015 with its headquarter in Singapore and an operational center in Bengaluru, India. CloudSEK, a cybersecurity platform powered by machine learning, entails Rahul’s journey from being a college dropout to becoming a successful tech entrepreneur. Being criticized for dropping out of engineering college and predicted for a career failure, Rahul continued his journey as an ethical hacker and security expert through his successful career. Before co-founding CloudSEK, he has worked with Citrix Systems, one of the biggest names in the software industry.
Commenting on the post-funding plan Sourabh Issar, the CEO, CloudSEK, said; “Being a product-only organization our revenues are generated primarily through license sales. This investment for us is a vote of confidence from some of the eminent architects of the Indian IT Industry. We plan to utilize the funds to develop the existing products and expand our presence in India as well as South East Asia.”
CloudSEK offers cybersecurity platform powered by machine learning and promises to build a risk-free digital security ecosystem. X-Vigil, CloudSEK’s SaaS-based flagship product is an outcome of the company’s 4 years of diligent research and development efforts. Cloudmon, another product by CloudSEK tracks network and application related security issues associated with the client. The start-up was seed funded in 2015 by ME Meeran Foundation, the investment arm of Kochi based Eastern Group.
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 "AI startup CloudSEK raises $2 million Pre-Series A investment")
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