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IIT Kanpur incubates Treacle, collects Rs. 4 crore in Pre-seed Funding by IPV

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Cyber security provider platform Treacle Technologies has grappled Rs. 4 crore in its pre-seed round led by Inflection Point Ventures (IPV). The freshly lifted fund will be used to enhance & improve the technical and business development, marketing and office expenses, partnerships, and expansion across the Indian market.

The company was founded by young & enthusiastic visionaries with sound brain, Subhasis Mukhopadhyay, Subhajit Manna, and Partha Das. the company was formed in IHub program at FIRST, IIT Kanpur. They have developed highly modernized Treacle’s AI-based deception technology which delivers an advanced protection by analyzing attacker behaviour, diverting them into mirage networks, and issuing early warnings to SOC analysts.

In addition to the system, they have also installed an AI-based early warning system which enhances its capability to identify threats proactively to stay ahead of evolving cyber threats. The startup also offers a wide range of other services, including Customized Honeypot Solutions, Network and Host-Based Intrusion Detection Systems, Insider Threat Detection Systems, and OT Network Security Systems. Plus, we can conduct thorough Cyber Security Audits and help design effective security policies.

Right from the beginning, Uttar Pradesh based startup, Treacle has secured grants such as the C3iHub grant and the SISFS grant, totalling Rs 26 lakhs, in 2021 and 2022, respectively. Besides, they have represented India under DPIIT and participated in a sponsored delegation trip to Dubai in 2022.

According to the startup data intelligence platform TheKredible, the cyber security startups have grabbed around $75 million across seven deals in 2023. This is the third funding in this sector in 2024 including Silence Laboratories and Vijay Kedia-backed TAC Security. Earlier this year, artificial intelligence-driven cybersecurity platform SentinelOne acquired PingSafe in a cash and stock deal.