CloudSEK raises $7Mn in its Series A round
2021-12-06Cybersecurity start-up CloudSEK, which leverages Artificial Intelligence and Machine Learning to combat cyber threats, has raised $7 million in its Series A funding round led by MassMutual Ventures. The total investments in CloudSEK now comes to $10 million.
CloudSEK employs unique data sets, proprietary ML models, and non-intrusive techniques to identify, analyse, and resolve cyber threats proactively. The start-up has over 100 customers, and it aims to acquire another 300 customers in the next two years.
The start-up is also improving its flagship digital risk monitoring platform XVigil that caters to organisations across verticals, including top banks, technology companies, healthcare organisations, and retail giants such as ICICI, NPCI, CRED, Sun Pharma, Reliance, TokoPedia, OLA cabs, and Decathlon.
“Cloudsek aims to do something similar in the cyber space. Our technology focus is to predict cyberattacks, even before they occur, by leveraging our AI platform," said Rahul Sasi, Founder and Chairman of the company.
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