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Indian Angel Network led seed round of Rs 2.8 crore for SecurWeave

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SecurWeave is a cybersecurity company with a mission to develop advanced platforms capable of preventing sophisticated malware attacks, which traditional security solutions often fail to address. The company has successfully deployed its solutions in both private and defense sectors in India and is now aiming for global expansion. SecurWeave has been incubated at prestigious institutions such as IITM Technology Innovation Hub Pravartak and NCoE, DSCI, Noida, NCR, and has been recognized for its innovative approach to combating advanced malware threats.

The issue of cybersecurity is becoming increasingly pressing, especially when it comes to safeguarding critical national infrastructures and assets from the constant and evolving threats of Advanced Persistent Threats (APTs). SecurWeave has taken an important step towards developing technology that can identify advanced malware and offer robust protection against cyberattacks. By adopting a proactive stance, the company has established itself as a leading player in the fight against cyber threats and has been able to address the concerns of government leaders, security agencies, and business executives in both the public and private sectors. Padmaja Ruparel, Co-Founder of Indian Angel Network (IAN), recognizes the importance of SecurWeave’s cybersecurity technology in mitigating the high risks associated with cyber threats. The company's focus on advanced digital security solutions and their strategic approach positions SecurWeave for significant growth within the cybersecurity industry.

Software-driven world, cybersecurity has become increasingly important, affecting businesses of all sizes and critical national infrastructure. To safeguard a broad range of digital assets across various domains, such as social, economic, political, and military sectors, SecurWeave is dedicated to its mission. The company aims to strengthen its sales, advance research and development, and expand field support to achieve its objectives.

The Indian Angel Network (IAN) is India's largest platform for seed and early-stage investment. IAN Angel Group, BioAngels, and IAN Fund I are part of this platform, which helps entrepreneurs to raise funds varying from Rs.50 lakhs to Rs.50 crores from top-quality investors. These investors not only provide funds but also mentoring and global market access to startups. IAN has successfully funded innovative startups across 19 sectors in India and seven other countries, contributing to the global expansion of these companies. Forbes has recognized IAN as one of the iconic business and economic events of independent India, alongside other notable organizations.