Cloudsek Secured $19 Mn To Increase AI Innovation Globally

The cybersecurity company CloudSEK has raised $19 million from a combination of US and Indian investors in Series A2 and B1 fundraising rounds. MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and Commvault were among the key investors who took part in the most recent round.

Summary:

1. CloudSEK, a cybersecurity startup, has raised $19 million in Series A2 and B1 funding rounds, with key investors including MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and Commvault.

2. With fresh funds and an angel investor, it aims to make predictive threat intelligence a worldwide cybersecurity standard, allowing enterprises to stay ahead of more advanced threat actors.

3. The funds raised will be used for product innovation and global expansion, prioritizing AI models and platform integrations

The cybersecurity company CloudSEK has raised $19 million from a combination of US and Indian investors in Series A2 and B1 fundraising rounds. MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and Commvault were among the key investors who took part in the most recent round.

According to the startup funding news, the company is likely to announce a Series B2 round as an extension of the current B1. It intends to attract additional investors while also allowing some of its early backers to walk away partially.

Early investors in the cybersecurity startup include StartupXSeed, Neon Fund, Exfinity Ventures, and the Meeran Family (founders of Eastern Group).

According to the latest startup news, the funds raised in the most recent round will be used for product innovation and global expansion. It will prioritize improving its artificial intelligence (AI) models and platform integrations.

Market research firm Tracxn reports that the Bengaluru-based business has previously raised $4.1 million and $7 million in 2023 and 2021, respectively.

What is Cloudsek?

Based on the startup funding news, it supports over 250 clients in industries such as banking, healthcare, IT, and the public sector. The cybersecurity firm detects Initial Attack Vectors (IAVs), which are initial indications of a potential intrusion, such as leaked credentials, unprotected APIs, or compromised vendors.

Over 60% of our net new revenue now originates from overseas markets, with the US emerging as the area with the strongest rate of growth. “We’ve achieved this scale while maintaining a positive cash flow,” claimed Rahul Sasi, co-founder and CEO of CloudSEK.

This latest startup news of CloudSEK, which was founded in 2015, is a semantic artificial intelligence firm that claims to forecast cyber risks. Its cloud software-as-a-service (SaaS) platform provides security solutions to address the digital hazards that its clients come across.

“Early detection of risks is no longer optional. Dr. Durga Dube, CISO of a Fortune Global 100 business, explains how CloudSEK’s predictive intelligence helps enterprises to control their story before attackers.

“CloudSEK has developed a fantastic product based on cutting-edge AI, suitable for the security requirements of leading worldwide corporations. Tenacity is happy to support and collaborate closely with Rahul and his team to help establish a strong international technological product firm from India.” Rohit Razdan, partner at Tenacity Ventures.

With fresh funds and an angel investor on board, CloudSEK is digging into its mission of making predictive threat intelligence a worldwide cybersecurity standard, allowing enterprises to stay ahead of more advanced threat actors.

The vision of this startup is to develop the world’s fastest and most reliable AI system for detecting and resolving digital threats.

CloudSEK’s AI-powered technology detects, analyzes, and alerts threats quickly and accurately, requiring minimal human participation.

Like this latest startup news, Sensmore, a Berlin-based robotic startup, has secured funding to convert the world’s largest mobile machinery into intelligent robots using cameras, 4D radar, and AI.

Point Nine Capital led the investment round of this robotic startup, with participation from foreign sponsors Acequia Capital, Tiny Supercomputer, Prototype Capital, and Entrepreneur First from the US and the UK.

Its technique claims to transform any machine into an autonomous, self-reasoning robot capable of solving complicated tasks in real time, even without previous instruction.