Funding Marks Milestone for Indian Cybersecurity Firm’s Global Growth
Cybersecurity company CloudSEK has raised USD 10 million, equivalent to around ₹90 crore, from Connecticut Innovations, the strategic venture capital arm of the State of Connecticut. The funding marks a significant step in the company’s global expansion strategy, particularly in the United States.First Indian-Origin Cybersecurity Firm Backed by a US State Fund
CloudSEK co-founder and chief executive officer Rahul Sasi described the investment as a landmark achievement for both the company and the broader Indian cybersecurity ecosystem. He said the funding reflects growing global recognition of Indian innovation in advanced cyber threat intelligence.With this round, CloudSEK’s enterprise valuation stands close to USD 200 million. The company has now raised a total of USD 29 million since inception.
Focus on Job Creation and US Market Expansion
According to Sasi, the fresh capital will be deployed to strengthen CloudSEK’s footprint in the United States and create high-skilled jobs. The company currently has a five-member team in the US, which it plans to expand to 15 by March. Over the next 12 to 18 months, the US workforce is expected to grow to around 20 employees.CloudSEK currently serves about 20 clients in the US market and aims to scale this base to 200 customers over the next 12 months as it deepens its presence in the region.
Workforce Expansion Across Markets
Globally, CloudSEK employs around 250 people across multiple markets. The company plans to increase its total workforce to 300 by March, with approximately 200 employees based in India as part of its continued scaling efforts.Strategic Backing from Connecticut Innovations
Commenting on the investment, Alison Malloy, Managing Director of Investments at Connecticut Innovations, said CloudSEK stood out during the firm’s 2025 VentureClash India pitch event for its predictive cyber threat capabilities. She noted that CloudSEK’s solutions are already being used by hundreds of businesses globally and expressed confidence in supporting the company as it establishes its US hub.The investment positions CloudSEK to accelerate its international growth while reinforcing its role as a key player in the global cybersecurity landscape.
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