PE-VC Fund Investments
Cybersecurity firm Pantherun raises $12-M Series A round
Bengaluru-based cybersecurity firm Pantherun Technologies has raised USD 12 million in a Series A funding round, led by Sahasrar Capital Investors and Lucky Investment Managers (promoted by Ashish Kacholia). The round also saw participation from Capital 2B (Info Edge), 8X Ventures, Real Time Angel Fund (GrowX), and new investor Founders Collective Fund.Founded in 2019 by Srinivas Shekar and Tiffany Chan, Pantherun offers advanced real-time data encryption that enhances security across devices and networks. The platform also supports post-quantum encryption and zero-trust architecture.The new funds will be used to scale internationally, focusing on North America, Europe, and Asia-Pacific markets. Around 25% of the capital will be spent on research and development to strengthen its patented encryption platform designed for high-speed, low-latency environments.
In Nov 2023, Pantherun had attracted about USD 3 M from 8X Ventures, Growx Ventures, Info Edge, Piper Serica, PointOne Capital, SIDBI VC and Thinkuvate.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
