CloudSEK Secures $10 Million Funding from Connecticut Innovations

CloudSEK, a leading AI-powered cybersecurity company, has announced the successful closure of a USD 10 million funding round from Connecticut Innovations (CI), the venture capital arm of the State of Connecticut. This investment marks a historic milestone, as CloudSEK becomes the first Indian-origin cybersecurity firm to receive funding from a U.S. state-backed venture fund.

The company, valued at approximately USD 200 million, plans to use the capital to expand its U.S. presence, create jobs, and accelerate research in predictive cyber threat intelligence. CloudSEK’s solutions leverage artificial intelligence to detect and mitigate cyber risks proactively, positioning it as a global leader in cybersecurity innovation.

Key Highlights:

• Funding Raised: USD 10 million (approx. INR 90 crore).
• Investor: Connecticut Innovations, State of Connecticut’s venture capital arm.
• Historic Milestone: First Indian origin cybersecurity firm backed by a U.S. state fund.
• Valuation: Enterprise valued at nearly USD 200 million.
• Strategic Focus: Expansion in the U.S., job creation, and advanced cybersecurity research.
• Leadership Statement: CEO Rahul Sasi emphasized the investment as a symbol of India’s rising global cybersecurity influence.

Sources: Rediff Money, CloudSEK Official Announcement, NewsDrum