Cybersecurity Startup CloudSEK Bags $19 Mn From MassMutual Ventures, Others

AI-powered cyber threat prediction and intelligence startup CloudSEK has secured $19 Mn (around INR 162 Cr) across its Series A2 and B1 funding rounds.

The round saw participation from a mix of India and US-based investors, including MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures and strategic investor Commvault.

Existing backers Meeran Family, StartupXSeed, Neon Fund and Exfinity Ventures also continued their support.

The company plans to deploy the fresh proceeds to fuel its product innovation and global expansion, with a focus on advancing its AI models and platform integrations.

In today’s digital world, businesses are prone to cyber threats posed by the surface web, deep web, dark web and internet-exposed infrastructure. To address these challenges, Rahul Sasi founded CloudSEK in 2015 which helps businesses to monitor their systems and digital infrastructures and predict cyber threats through its SaaS platform coupled with its AI-driven tech stack.

Unlike traditional cybersecurity solutions, the Singapore and Bengaluru-based startup claims to identify initial attack vectors (IAVs), the earliest signs of a potential breach such as leaked credentials and exposed APIs.

“We built CloudSEK to predict the initial attack vector and stop threats before they hit the headlines,” said Sasi.

International markets have emerged as the biggest revenue generator for the startup as it mints about 60% of its net revenue from overseas. “Today, over 60% of our net new revenue comes from international markets, with the US emerging as our fastest-growing region,” Sasi added.

Back in 2021, to fuel its global expansion efforts. Back then, CloudSEK said it would use the capital to accelerate its sales and marketing efforts across Asia-Pacific, the Middle East and North America.

CloudSEK competes with the likes of listed cybersecurity startup TAC Securities, Astra Security and WhizHack. It which is projected to become a $562.72 Bn opportunity by 2032.

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