VC Fund Investments
Cyber security co CloudSEK raises $7-M from MassMutual Ventures, Omidyar, others
Advisor Disclosure MyBigPlunge
Bengaluru-based cybersecurity firm CloudSEK has raised USD 7 million (INR 50 crore) in a Series A round led by MassMutual Ventures, with participation from Omidyar Network India, 100X Entrepreneur, individual investors Firoz Meeran and Navas Meeran (Eastern Group), and CRED founder Kunal Naresh Shah's QED Innovation Labs. Existing investors Exfinity Venture Partners, IDFC Parampara, and Aaruha Technology Fund also participated in the round, which brings the company's total fundraise to USD 10 million. JSA advised ON Mauritius (Omidyar Network) on the deal. CloudSEK will use the funds to accelerate sales and marketing efforts across Asia-Pacific, the Middle East, and North America and ramp up its R&D.
From the Venture Intelligence PE-VC Deal Database: In Oct-18, CloudSEK raised $1.6 M from StartupXseed Ventures, IDFC Parampara Capital, and Exfinity Fund. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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