On Tuesday, CloudSEK announced the successful conclusion of its Series A2 and B1 funding rounds, securing a total of $19 million (approximately Rs. 162.3 crore). The cybersecurity platform highlighted participation from both Indian and American investors in this funding initiative. In addition to welcoming new investors, existing stakeholders have reaffirmed their commitment to the company.
Global Participation in CloudSEK’s Funding Round
The AI-driven cyber threat prediction and intelligence firm revealed in a press release that the funding was raised during its combined Series A1 and B1 rounds. While specifics regarding the round’s lead investor were not disclosed, notable participants included MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, along with strategic stakeholders such as Commvault. Current investors like the Meeran Family (founders of Eastern Group), StartupXSeed, Neon Fund, and Exfinity Ventures continue to hold their stakes in the company.
This latest funding round follows a four-year gap since CloudSEK’s initial Series A round led by MassMutual Ventures, during which the company raised $7 million (about Rs. 59.8 crore) in 2021. Prior to that, CloudSEK garnered $1.9 million (approximately Rs. 16.2 crore) in its pre-Series A round in 2018.
According to the company, the newly acquired funds will be dedicated to product development and expanding its global footprint. A key area of focus will be enhancing its AI models and ensuring their integration into the platform. Notably, CloudSEK operates an in-house predictive cybersecurity platform aimed at threat detection and intelligence. The company emphasizes a proactive approach, identifying initial attack vectors (IAVs)—the early signs of potential breaches such as leaked credentials, exposed application programming interfaces (APIs), and compromised vendors—rather than simply reacting after a breach has occurred.
“Currently, over 60 percent of our net new revenue originates from international markets, with the US leading as our fastest-growing region. We’ve managed to scale while maintaining cash flow positivity,” stated Rahul Sasi, Co-Founder and CEO of CloudSEK.
CloudSEK, founded in 2015 by cybersecurity researcher Rahul Sasi, now boasts a clientele of over 250 enterprises spanning sectors such as banking, healthcare, technology, and the public sector.