11.9 C
London
Saturday, November 26, 2022

Cybersecurity Platform BluSapphire Raises $9.2M in Barings PE-Led Funding Round

Must read

Biden eases sanctions on Venezuela as talks resume with opposition

WASHINGTON — The Biden administration eased some oil sanctions against Venezuela on Saturday in a bid to bolster resumed negotiations between President Nicolás Maduro's...

A new wave of Solo GP VCs is coming to Europe and Hypernova hopes to power it • londonbusinessblog.com

The US has had solo VC fund managers for many years, but the trend is only starting to catch on in Europe. One...

Amazon’s latest Kindle Paperwhite is still available for Black Friday price

Despite the arrival of Amazon's latest entry-level Kindle, the Kindle Paperwhite remains the best value in Amazon's current Kindle range. Fortunately, you can...

Efficient growth? No problem, say startups • londonbusinessblog.com

Welcome at the londonbusinessblog.com Exchange, a weekly newsletter for startups and markets. It is inspired by the daily londonbusinessblog.com+ column from which it...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

  • BluSapphire is a SaaS cybersecurity platform founded by Kiran vangaveti.
  • VC firm Dallas Venture Capital, Binny Bansal-backed xto10x, RPG Ventures & Merisis Venture Partners participated in the funding round.
  • ValueBridge Capital was the sole advisor for this transaction


Full-stack cybersecurity platform BluSapphire Cyber ​​Systems said Thursday it has raised $9.2 million in a Series A funding round led by Barings Private Equity. India.

The round also saw participation from VC firm Dallas Venture Capital, Binny Bansal-backed xto10x, RPG Ventures & Merisis Venture Partners. ValueBridge Capital was the sole advisor for this transaction, the company said.

BluSapphire, a Gartner Cool Vendor, is a SaaS cybersecurity platform founded by Kiran Vangaveti. A Gartner Cool Vendor title is given to a small company that delivers innovative technical solutions.

Discover the future of SaaS in India

The 6-part video series will capture the vision of Indian SaaS leaders and highlight the potential for the industry in the decades to come.Nov 10, 2022 Starts at 4:00 PM (30 min)register now
Our Speakers

Jay Vijayan
Gary Szilagyic

“Building resilience against advanced cyber-attacks is key to business survival. BluSapphire works with this vision. The capital will help us continue to build and expand our SaaS platform rapidly North America and India,” said Vangaveti, who is also the CEO of BluSapphire.

The full-stack AI and predictive analytics platform enables customers to prevent advanced cyber-attacks in cloud, on-premises and hybrid work environments.

“BluSapphire provides a full-stack cybersecurity platform that helps automate cybersecurity operations. The efficiency provided by their platform can reduce SOC’s operating costs by nearly 70% with advanced detection and response times. The product has received strong validation from renowned defense and corporate clients and has won several awards,” said Arul Mehra, partner of Barings Private Equity India.

ALSO SEE:

KKR Acquires Digital Services Transformation Company Ness Digital Engineering


Q2 Corporate Earnings Report: Banks Perform Well, Moderate Growth in FMCG, Auto

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Biden eases sanctions on Venezuela as talks resume with opposition

WASHINGTON — The Biden administration eased some oil sanctions against Venezuela on Saturday in a bid to bolster resumed negotiations between President Nicolás Maduro's...

A new wave of Solo GP VCs is coming to Europe and Hypernova hopes to power it • londonbusinessblog.com

The US has had solo VC fund managers for many years, but the trend is only starting to catch on in Europe. One...

Amazon’s latest Kindle Paperwhite is still available for Black Friday price

Despite the arrival of Amazon's latest entry-level Kindle, the Kindle Paperwhite remains the best value in Amazon's current Kindle range. Fortunately, you can...

Efficient growth? No problem, say startups • londonbusinessblog.com

Welcome at the londonbusinessblog.com Exchange, a weekly newsletter for startups and markets. It is inspired by the daily londonbusinessblog.com+ column from which it...

Why you should only start a business while you have a job

Opinions expressed by londonbusinessblog.com contributors are their own. Many people I meet tell me that they dream of starting their own business. I always...