Cybersecurity platform BluSapphire raises $9.2 M led by Baring India

Hyderabad- and Stamford, CT (USA)-based cybersecurity platform BluSapphire Cyber Systems has raised USD 9.2 million in a Series A funding round led by PE firm Barings India. The round also saw participation from Dallas Venture Capital, Binny Bansal-backed xto10x, RPG Ventures and Merisis Venture Partners. ValueBridge Capital was the sole advisor for this transaction. BluSapphire, founded by Kiran Vangaveti, is a predictive analytics platform that allows clients to prevent sophisticated cyberattacks across cloud, on-premises and hybrid work environments.