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CloudSEK Secures $19 Million to Accelerate Global Cybersecurity Expansion

CloudSEK, a Singapore-headquartered cybersecurity startup specializing in AI-driven digital risk management, has raised $19 million in a new funding round. Tenacity Ventures and Commvault spearheaded the investment, which also included participation from Inflexor Ventures, MassMutual Ventures, Prana Ventures, and other strategic investors.

CloudSEK, established in 2015 by cybersecurity specialist Rahul Sasi, delivers a range of cybersecurity products focused on proactive threat identification and mitigation. Their main offering, XVigil, provides real-time security insights by monitoring the surface, deep, and dark web for data leaks, brand risks, and identity theft. Additionally, CloudSEK offers BeVigil, a complimentary security search engine with over 10,000 individual users and 400 corporate clients, enabling application security evaluation for users, developers, and researchers.

CloudSEK plans to utilize the new funding to accelerate its global expansion, particularly in the Asia-Pacific, Middle East, and North American markets. The company aims to enhance its sales and marketing efforts, as well as ramp up research and development to combat the increasingly sophisticated global threat landscape.

CloudSEK’s clientele includes prominent organizations such as ICICI Bank, National Payments Corporation of India (NPCI), CRED, Sun Pharma, Reliance, Tokopedia, Ola Cabs, and Decathlon.

Anvesh Ramineni, Managing Director at MassMutual Ventures, commented on the investment: “CloudSEK is addressing a growing demand for automated assessment, classification, and remediation of cyber threats and for transforming large-scale security teams to an agile threat-centric approach. The platform’s ability to monitor and manage threats and infrastructure at the enterprise level is world-class.”

With this latest funding round, CloudSEK is well-positioned to strengthen its global presence and continue innovating in the cybersecurity space, aiming to build a risk-free digital security ecosystem for organizations worldwide.

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