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Funding · Enterprise Software & IT

CloudSEK raises $10 Mn extended Series B

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Date
Company
CloudSEK
What it does
AI-powered cybersecurity startup
Kind
Funding
Amount
$10 Mn
Stage
extended Series B
Founded
2015
Sector
Enterprise Software & IT

What they do

CloudSEK helps businesses monitor systems and predict cyber threats using AI

What happened

It raised $10 Mn in an extended Series B round from Connecticut Innovations, a US state-backed fund

Why it matters

The company is the first Indian cybersecurity startup to get funding from a US state-backed fund

The details

  • CloudSEK raised $10 Mn in an extended Series B round (B2 tranche).
  • The round is a mix of primary (new shares) and secondary (existing shareholders selling) capital.
  • Connecticut Innovations (CI), the venture capital arm of the US state of Connecticut, participated.
  • CloudSEK claims it is the first Indian-origin cybersecurity company to get funding from a US state-backed fund.
  • The funds will accelerate US expansion and establish a regional hub in Connecticut for operations and partnerships.
  • CloudSEK will hire strategic local talent and build collaborations with local corporate partners and universities.
  • The company wrapped up its broader Series B round with this B2 tranche.

The bigger picture

  • The fundraise comes amid a healthy spurt in cybersecurity investment driven by the rise of AI.
  • AI enables attackers to deploy automated sophisticated threats like deepfakes and smarter phishing.
  • Investor interest is growing as enterprises spend more on protecting systems and digital infrastructure.
  • The global cybersecurity market is projected to become a $562.72 Bn opportunity by 2032.

About the business

  • CloudSEK is a cybersecurity startup founded in 2015 by Rahul Sasi.
  • It helps businesses monitor systems and digital infrastructure to predict cyber threats.
  • The platform helps enterprises detect and stop cyber threats in advance across areas like digital risk, attack surfaces, and supply chains.
  • Its product identifies initial attack vectors (IAVs) — the earliest signs of a potential breach.
  • IAVs include leaked credentials and exposed APIs (application programming interfaces).
  • CloudSEK serves more than 300 companies across BFSI (banking, financial services, insurance), healthcare, and technology.

What happens next

  • Accelerate US expansion and establish a regional hub in Connecticut.
  • Hire strategic local talent and build collaborations with local corporate partners and universities.

The deal

Type
extended Series B

Investors

  • Connecticut Innovations (participated) — Venture capital arm of the US state of Connecticut.

Founders

  • Rahul Sasi, Founder and CEO

About CloudSEK

Product
An AI-powered cyber threat prediction and intelligence platform.
Customers
Enterprises across banking, healthcare, technology, and the public sector.
How it makes money
It sells cybersecurity software and intelligence services to organizations that need threat detection and resilience.
What sets it apart
It focuses on predicting threats before incidents, using contextual AI and model integrations.
Operations
The company plans to expand in the US and establish a regional hub in Connecticut.

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