VC Fund Investments
Ethical hacking player FireCompass raises $7-M led by Cervin and Athera Venture Partners
FireCompass, a Bengaluru and Boston -based SaaS startup working on automating ‘Red Teaming', has raised USD 7 million led by Silicon Valley-based Cervin and Athera Venture Partners (previously Inventus Capital), along with existing investor BIF (Bharat Innovation Fund). ‘Red Teaming' is the practice of rigorously challenging plans, policies, systems and assumptions by adopting an adversarial approach. The company will use the fresh capital to expand operations across India, the US, and other international markets, and also to onboard new talent. Founded in 2019 by Bikash Barai and Priyanka Aash, FireCompass helps enterprises spot data breaches by scanning the deep, dark, and surface webs using AI-tools.
From the Venture Intelligence PE-VC Deal Database: In Jun 20, FireCompass had raised USD 1.9 M from Bharat Innovation Fund and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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