AI-based Startup CloudSEK Raises US$ 2 Million for Expansion
5 Dec 2018 1:14 AM GMT
The cybersecurity startup will use the freshly raised funds to evolve its cyber risk management product ? Xvigil and for expanding its presence
- CloudSEK, an artificial intelligence (AI)-driven unified risk management start up, has raised US$ 2 million (around Rs 14 crore) in a pre-Series A round led by Startup Speed and Exfinity Venture Partners.
- The cybersecurity startup will use the freshly raised funds to evolve its cyber risk management product – XVigil.
- Exfinity Ventures Partners, led by Infosys founders Mohandas Pai and Balakrishnan V is doing investment in CloudSEK from its second round of fund of Rs 300 crore.
- The start up, founded by Rahul Sasi in 2015, was seed funded by Meeran Foundation, an investment arm of Kochi-based Eastern Group.
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