CloudSEK, an artificial Intelligence digital risk management and cybersecurity platform provider, has raised $7 million ( Rs 50 crores). It was led by MassMutual Ventures.
Strong investors
The latest round takes the total amount raised by the platform to $10 million (72 crore). The round saw participation from Omidyar Network India, 100X Entrepreneur, individual investors Firoz Meeran and Navas Meeran. Existing investors Exfinity Venture Partners, IDFC Parampara, and StartupXseed Ventures also participated.
Expansion plans
The startup will use the funding to accelerate its sales and marketing efforts across Asia-Pacific, the Middle East, North America. CloudSEK will also ramp up its research and development to combat the increasingly sophisticated global threat landscape. Founded in 2015 by Rahul Sasi, CloudSEK predicts cyber-attacks, even before they occur, by leveraging its AI platform.