Artificial Intelligence based Digital Risk Management and cybersecurity platform provider CloudSEK has raised further funding from IDFC Parampara. Founded in 2015 by renowned cyber security expert Rahul Sasi, the company had raised  2.5 M USD in pre-series A till date.

Currently it has investors like Exfinity Ventures, former Infosys board member V Balakrishnan, StartupXseed Ventures (who recently exited their Cyber-security investment, ShieldSquare), ME Meeran trust.

CloudSEK will leverage the freshly raised funds to evolve its product Xvigil. Furthermore, it will also use the funds to expand its footprints in India and South East Asia. After establishing itself as a preferred cybersecurity solution in the financial, e-commerce and transportation sector, CloudSEK now plans to target the pharmaceuticals, petrochemicals and retail industry. Axis Bank, Federal Bank, NPCI, OLAM,  L&T, Go-Jek, HDFC Bank,  Bank Bazaar are in CloudSEK’s client list.