CloudSEK is expected to leverage the freshly raised funds to evolve its flagship product – Xvigil, besides using the funds to expand its footprints in India and South East Asia.
“With the increasing awareness about CyberSecurity, we are seeing an urgency in the demand, which has translated into us doubling our revenues in the last 4 months. This vote of confidence from IDFC Parampara is a welcome validation of this momentum and acceleration that we have been witnessing, said Sourabh Issar, CEO, CloudSEK, in statement.
Jatin Desai, General Partner of IDFC-Parampara Fund, in a statement said, CloudSEK has developed a much-needed product to scan and monitor the dark web, deep web and surface web threats.
The existing clientele of Information security risk management startup includes leading banks and e-commerce and technology organizations, including Axis Bank, NPCI, OLAM, L&T, Go-Jek, HDFC Bank, Bank Bazaar, Federal Bank, HDFC Bank and Grab Taxi, five of…
