CloudSEK, a cybersecurity company headquartered in Bengaluru, announced on Tuesday that it has successfully raised $10 million in funding. This investment comes from Connecticut Innovations, the strategic venture capital arm of the State of Connecticut in the United States.
A Historic Milestone for Indian Cybersecurity
This funding round represents a significant first. CloudSEK becomes the very first Indian-origin cybersecurity company to receive financial backing from a US state-backed venture fund. The company highlighted this achievement in an official statement, calling it a milestone not just for CloudSEK but for the broader Indian cybersecurity landscape.
Details of the Funding Round
The $10 million investment constitutes the B2 tranche of CloudSEK's Series B funding round. This tranche includes a mix of primary and secondary capital. Previously, the company had raised $19 million in its Series B1 round. With this latest infusion, CloudSEK has now concluded its full Series B round.
The predictive cyber threat intelligence firm secured these funds at an enterprise valuation nearing $200 million. To date, CloudSEK has raised approximately $39 million across all its funding rounds.
CEO Rahul Sasi on the Investment
Rahul Sasi, the co-founder and CEO of CloudSEK, expressed his enthusiasm about the deal. He stated that the investment does more than just accelerate the company's global growth plans. It also serves as a powerful symbol of Indian cybersecurity innovation gaining recognition on the international stage.
"We have raised USD 10 million from the venture capital arm of the State of Connecticut, Connecticut Innovations," Sasi said. "Becoming the first Indian-origin cybersecurity company to receive backing from a US state fund is a milestone for CloudSEK, as well as for the entire Indian cybersecurity ecosystem."
Plans for US Expansion and Job Creation
The fresh capital will be strategically deployed to strengthen CloudSEK's footprint in the United States. A key focus area is job creation. The company currently maintains a small team of five people in the US. It plans to expand this team significantly.
Sasi outlined the hiring roadmap: the US team will grow to 15 members by March of this year. Furthermore, the company aims to employ around 20 people in the US over the next 12 to 18 months. Sasi emphasized that these positions are high-paying roles designed for top-tier talent.
On the business development front, CloudSEK already serves 20 clients in the US market. The company has set an ambitious target to grow its American customer base to 200 clients within the next twelve months.
About CloudSEK: From Research to Global Platform
CloudSEK was founded in 2015 by Rahul Sasi, a cybersecurity researcher who transitioned into entrepreneurship. The company started as a research-focused initiative. Over the years, it has transformed into a globally trusted cyber threat intelligence platform.
Today, CloudSEK provides its services to more than 300 enterprise clients worldwide. Its customer base spans critical sectors including Banking, Financial Services and Insurance (BFSI), healthcare, technology, and government.
Current Scale and Future Growth
CloudSEK currently employs around 250 people across its various international markets. The company has plans to increase its total headcount to 300 employees by March. A substantial part of this workforce, about 200 members, will be based in India, supporting its global operations.
Investor Confidence from Connecticut
Alison Malloy, the Managing Director of Investments at Connecticut Innovations, commented on the decision to invest. She noted that CloudSEK stood out during the firm's 2025 VentureClash India pitch event. The company impressed as an innovative provider of cybersecurity and predictive threat capabilities, which are already utilized by hundreds of businesses across the globe.
"We are excited to welcome CloudSEK to the CI portfolio and look forward to supporting their team as they establish their US hub," Malloy stated.
This investment underscores the growing confidence of international investors in homegrown Indian tech firms, particularly in the vital field of cybersecurity.
