Latest news with #RahulSasi
Yahoo
20-05-2025
- Business
- Yahoo
CloudSEK secures $19m to advance AI-driven cyber threat intelligence
CloudSEK, an AI-powered cyber threat prediction and intelligence company, has secured $19m through its Series A2 and B1 funding rounds. The funding round saw contributions from India and US-based investors, including MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and strategic investors such as Commvault. CloudSEK's earlier backers, including Meeran Family (founders of Eastern Group), StartupXSeed, Neon Fund, and Exfinity Ventures, continue to lend their support to the company's vision. The company was established in 2015 by cybersecurity researcher-turned-entrepreneur Rahul Sasi, with a vision to build a safer digital future by predicting and mitigating cyber threats proactively. The company is claimed to have evolved into a trusted threat intelligence platform, serving over 250 enterprises across various sectors including banking, technology, and the public sector. The newly secured capital will facilitate CloudSEK's continued product innovation and global expansion. The company focuses on advancing its AI models and platform integrations to enhance its threat prediction capabilities. Unlike traditional tools, CloudSEK identifies initial attack vectors, such as leaked credentials and exposed APIs, to prevent breaches. CloudSEK co-founder & CEO Rahul Sasi said: 'We built CloudSEK to predict the initial attack vector and stop threats before they hit the headlines with the goal of preventing threats before they escalate.' 'Unlike conventional threat intelligence that focuses on indicators of compromise after an attack, our platform detects the earliest signals—leaked credentials, exposed APIs, compromised vendors—weeks before an incident unfolds. That's our version of threat intelligence: predictive, not forensic. 'Today, over 60% of our net new revenue comes from international markets, with the U.S. emerging as our fastest-growing region. We've achieved this scale while staying cash flow positive. This round—backed by top financial and strategic investors—not only validates our vision but reinforces what we've believed from day one: cybersecurity must be proactive, not reactive.' CloudSEK VP of Finance Kalyan Kumar Vattipalli said: 'CloudSEK has grown 3x in ARR over the last 24 months and continues to grow well above industry standards.' 'The round attracted significant interest from global financial investors, and we will soon be announcing Series B2 as an extension of B1, both to onboard new investors and to facilitate partial exits for some of our early backers.' "CloudSEK secures $19m to advance AI-driven cyber threat intelligence" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Mint
20-05-2025
- Business
- Mint
Cybersecurity startup Cloudsek raises $19 million in funding
Cybersecurity firm CloudSEK has raised $19 million across Series A2 and B1 funding rounds, the startup said in a statement on 20 May. The latest round saw participation from a mix of India- and US-based investors, such as MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and select strategic investors, including Commvault. Notably, Meeran Family (founders of Eastern Group), StartupXSeed, Neon Fund, and Exfinity Ventures, the statement said. The company is expected to announce a Series B2 round as an extension to the current B1. It plans to bring new investors on board and facilitate partial exits for some of its early backers. Founded in 2015 by cybersecurity researcher-turned-entrepreneur Rahul Sasi, CloudSEK was created with a mission to build a safer digital future by proactively predicting and mitigating cyber threats. "What began as a research-driven initiative has since evolved into one of the industry's most trusted threat intelligence platforms—serving 250+ enterprises across banking, healthcare, technology, and the public sector, the statement said. The Bengaluru-based company previously raised $4.1 million and $7 million in 2023 and 2021, respectively, according to data from market intelligence platform Tracxn. The newly-raised capital will fuel CloudSEK's continued product innovation and global expansion, with a focus on advancing its AI models and platform integrations. Unlike traditional tools that respond after an incident, CloudSEK identifies Initial Attack Vectors (IAVs)—the earliest signs of a potential breach, such as leaked credentials, exposed APIs, or compromised vendors. 'We built CloudSEK to predict the initial attack vector and stop threats before they hit the headlines with the goal of preventing threats before they escalate.' said Rahul Sasi, Co-founder & CEO of CloudSEK. We built CloudSEK to predict the initial attack vector and stop threats before they hit the headlines with the goal of preventing threats before they escalate. CloudSEK serves more than 250 clients across segments such as banking, healthcare, technology and the public sector. 'With this funding and a strategic investor on board, CloudSEK is doubling down on its vision to make predictive threat intelligence a global cybersecurity standard for —empowering organizations to stay ahead of increasingly sophisticated threat actors,' the statement said.
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Business Standard
20-05-2025
- Business
- Business Standard
CloudSEK raises $19 million for AI-led innovation, global expansion
Cybersecurity firm CloudSEK has raised $19 million across Series A2 and B1 funding rounds from a mix of India- and US-based investors. The latest round saw participation from MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and select strategic investors, including Commvault. The company is expected to announce a Series B2 round as an extension to the current B1. It plans to bring new investors on board and facilitate partial exits for some of its early backers. Meeran Family (founders of Eastern Group), StartupXSeed, Neon Fund and Exfinity Ventures are among CloudSEK's earliest investors. The capital raised in the latest round will be directed towards product innovation and the company's global expansion. It will focus on advancing its artificial intelligence (AI) models and platform integrations. The Bengaluru-based company previously raised $4.1 million and $7 million in 2023 and 2021, respectively, according to data from market intelligence platform Tracxn. CloudSEK serves more than 250 clients across segments such as banking, healthcare, technology and the public sector. The cybersecurity firm identifies Initial Attack Vectors (IAVs), which are early signs of a potential breach, such as leaked credentials, exposed APIs or compromised vendors. 'Today, over 60 per cent of our net new revenue comes from international markets, with the US emerging as our fastest-growing region. We've achieved this scale while staying cash flow positive,' said Rahul Sasi, co-founder and chief executive officer (CEO), CloudSEK. Founded in 2015, CloudSEK is a contextual AI company that claims to predict cyber threats. Its cloud software-as-a-service (SaaS) platform offers security solutions aimed at addressing the digital risks faced by its clientele.
Entrepreneur
20-05-2025
- Business
- Entrepreneur
AI Cybersecurity Startup CloudSEK Bags USD 19 Mn in New Funding
The company aims to use the fresh capital to further develop its AI models and platform integrations, particularly those that help identify Initial Attack Vectors (IAVs)—subtle early signs of cyber incidents such as leaked credentials or exposed APIs. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Cybersecurity firm CloudSEK has raised USD 19 million across its Series A2 and B1 funding rounds to bolster its AI-powered threat prediction platform and expand its global footprint. The round drew participation from a mix of Indian and US investors, including MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and strategic investor Commvault. Existing investors like the Meeran Family (founders of Eastern Group), StartupXSeed, Neon Fund, and Exfinity Ventures also doubled down on their commitment. Founded in 2015 by cybersecurity researcher Rahul Sasi, CloudSEK provides AI-based threat intelligence tools that detect cyber threats before they escalate. The platform is used by over 250 enterprises across sectors such as banking, healthcare, government, and technology. The company aims to use the fresh capital to further develop its AI models and platform integrations, particularly those that help identify Initial Attack Vectors (IAVs)—subtle early signs of cyber incidents such as leaked credentials or exposed APIs. "We built CloudSEK to predict initial attack vectors and stop threats before they make headlines—our goal has always been to prevent incidents before they escalate," said Rahul Sasi, Co-founder and CEO of CloudSEK. "Unlike conventional threat intelligence, which often focuses on indicators of compromise after an attack, our platform identifies early warning signs—such as leaked credentials, exposed APIs, or compromised vendors—weeks before an incident occurs. That's what we call predictive, not forensic, intelligence." CloudSEK's platform has gained significant international traction. "Today, over 60% of our new revenue comes from international markets, with the US emerging as our fastest-growing region. We've achieved this scale while remaining cash flow positive," Sasi noted. Following this round, CloudSEK has raised USD 26 million to date and plans a Series B2 extension to onboard new investors and enable partial exits for early backers.
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Business Standard
20-05-2025
- Business
- Business Standard
CloudSEK sees 5-fold jump in valuation in $19 million fundraise round
Cybersecurity firm CloudSEK has raised $19 million in a fresh funding round from a clutch of investors at a five-fold increase in valuation to around $118 million (about Rs 1,000 crore) compared to its previous funding round, a top company official said. CloudSEK Co-Founder and CEO Rahul Sasi told PTI that the company has raised fund after a period of three years, mainly to set up its operations in the United States. "We have raised USD 19 million from some of the strategic investors after a period of about three years. In three years, our revenue has grown five times, and so has our valuation. We have raised funds at a valuation of around Rs 1,000 crore mainly to set up our US operations," Sasi said. The round saw participation from a mix of India and US-based investors, such as MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and select strategic investors, including Commvault. Meeran Family (founders of Eastern Group), StartupXSeed, Neon Fund and Exfinity Ventures are among CloudSEK's existing investors "Our significant amount of revenue comes from America. We have been selected by a US delegation to set up a base in the US. This is the first time the US is calling and supporting an Indian cybersecurity firm to set up a base there with investment and other support. We build in India for cybersecurity problems which are global. With fresh funds, we plan to build a 100 people team in the US over the next 2-3 years," Sasi said. CloudSEK claims to have around 100 member teams in India at present. Sasi said CloudSEK is cashflow positive and close to profitability. "We will also use the fund to develop AI-based cybersecurity models to protect systems. We will not compete with large language models but develop a model based on wisdom for cybersecurity-related problems," he said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
