CloudSEK Raises $19M to Power AI Threat Intel and Fuel US Growth
• Backed by MassMutual, Inflexor, Prana, and others in Series A2 and B1 rounds.
• Focused on scaling in the U.S., its fastest-growing market.
• Tripled ARR in 24 months while staying cash flow positive.
CloudSEK, a Bengaluru-headquartered digital risk surveillance platform, has secured $19 million in a combination of Series A2 and Series B1 funding rounds. The funding was provided by MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and Commvault, with others joining in from the Meeran Family, StartupXSeed, Neon Fund, and Exfinity Ventures.
This new funding will be used to develop CloudSEK's own AI models, add new capabilities to its platform, and drive its high growth in the United States the company's largest-growing market. CloudSEK, which provides predictive threat intelligence to identify leaked credentials, exposed APIs, and vulnerable third-party vendors weeks before a possible breach, has separated itself from legacy cybersecurity models that tend to react after breaches have taken place.
Launched in 2015 by Rahul Sasi, CloudSEK has scaled tremendously, more than tripling its Annual Recurring Revenue (ARR) in the last two years while being cash flow positive. "In contrast to traditional threat intelligence, we deliver predictive insights, allowing proactive responses to security threats," explained Sasi.
More than 60% of CloudSEK's income today comes from global markets, with the U.S. alone contributing the most to its global growth. CloudSEK now has over 250 businesses across banking, healthcare, and technology sectors that it caters to.
CloudSEK is presently plotting an extension of its Series B1 round to a new one, which will be referred to as Series B2, that will target new investors and provide early supporters an opportunity to exit partially. This development is likely to further cement the company's growth curve and global presence.
• Focused on scaling in the U.S., its fastest-growing market.
• Tripled ARR in 24 months while staying cash flow positive.
CloudSEK, a Bengaluru-headquartered digital risk surveillance platform, has secured $19 million in a combination of Series A2 and Series B1 funding rounds. The funding was provided by MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and Commvault, with others joining in from the Meeran Family, StartupXSeed, Neon Fund, and Exfinity Ventures.
This new funding will be used to develop CloudSEK's own AI models, add new capabilities to its platform, and drive its high growth in the United States the company's largest-growing market. CloudSEK, which provides predictive threat intelligence to identify leaked credentials, exposed APIs, and vulnerable third-party vendors weeks before a possible breach, has separated itself from legacy cybersecurity models that tend to react after breaches have taken place.
Launched in 2015 by Rahul Sasi, CloudSEK has scaled tremendously, more than tripling its Annual Recurring Revenue (ARR) in the last two years while being cash flow positive. "In contrast to traditional threat intelligence, we deliver predictive insights, allowing proactive responses to security threats," explained Sasi.
More than 60% of CloudSEK's income today comes from global markets, with the U.S. alone contributing the most to its global growth. CloudSEK now has over 250 businesses across banking, healthcare, and technology sectors that it caters to.
CloudSEK is presently plotting an extension of its Series B1 round to a new one, which will be referred to as Series B2, that will target new investors and provide early supporters an opportunity to exit partially. This development is likely to further cement the company's growth curve and global presence.
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