CloudSek announced the completion of the financing rounds of the A2 and B1 series on Tuesday. The cyber security platform said it raised $ 19 million (about 162.3 rupees) in the joint financing round. The company stated that the tour witnessed the participation of Indian investors and the United States. Although new investors have been on board, current supporters are still part of the company. CloudSek said that money will be used to expand the scope of artificial intelligence models (AI) and integrate technology on its platform.
CloudSek Remar Financing Global Participation
In a press release, the prediction and intelligence platform that works with the male materials operating in Amnesty International announced that it had collected funding from the joint A1 and B1 series. While the company was not mentioned who led the tour, funding has seen investors such as Massmuteal Ventures, Inflexor Ventures, Praana Ventures and Indacity Ventures, as well as strategic investors, including Commiveaut. The current supporters of the company including the Miran family (the founders of the Eastern Group), Startupxseed, Neon Fund, and Exfinity Ventures, continue to obtain a stake in the company, and do not come out.
The latest financing round comes four years after the series A. circularAnd led by Massmuteal Ventures. CloudSek raised $ 7 million (about 59.8 rupees) in the 2021 and IT financing round Arise $ 1.9 million (about 16.2 rupees) in its prosecution on a tour in 2018.
CloudSek stated that the newly uploaded capital will be used to create products and global expansion. The main focus will be on expanding the scope of artificial intelligence models and the integrity of the basic system. It is worth noting that the company has a platform for cybersecurity internal prediction to detect threats and intelligence. The company claimed that instead of responding after a breach, it determines the primary attack vessels (Iavs), which are the first signs of possible breach. These include hurtful credentials, exposed application programming facades (APIS), or sellers at risk.
“Today, more than 60 percent of our new revenues come from international markets, where the United States has appeared as a fastest growth region. We have achieved this scale while maintaining a positive cash flow,” said Rahul Sassi, co -founder and CEO of CloudSek.
It is worth noting that CloudSek was founded in 2015 by Rahul Sasi. It is said to have more than 250 institutions as customers through banking services, health care, technology and public sector.
