Indian Angel Network Leads Rs 2.8 Crore Seed Round for SecurWeave

• ByStartupStory     |    November 8, 2023

SecurWeave is on a mission to develop cutting-edge cybersecurity platforms capable of thwarting advanced malware attacks, a challenge that often renders traditional security solutions powerless. The company has made successful deployments in both private and defense sectors in India and is now aiming for global expansion. Incubated at prestigious institutions like IITM Technology Innovation Hub Pravartak and NCoE, DSCI, Noida, NCR, SecurWeave has gained recognition for its innovative approach to combating the persistent and sophisticated threats posed by advanced malware attacks.

Cybersecurity is a pressing concern, especially when it comes to protecting critical national infrastructures and assets from the relentless and evolving threats of Advanced Persistent Threats (APTs). SecurWeave has taken the initiative to develop technology that can identify advanced malware and provide robust protection against cyberattacks. This proactive stance has placed the company at the forefront of the battle against cyber threats, addressing the worries of government leaders, security agencies, and business executives in both the public and private sectors.

Padmaja Ruparel, Co-Founder at Indian Angel Network (IAN), acknowledges the significance of SecurWeave’s cybersecurity technology in mitigating the high risks associated with cyber threats. The founding team’s focus on advanced digital security solutions and their strategic approach positions SecurWeave for substantial growth within the cybersecurity sector.

In today’s software-driven world, the importance of cybersecurity has grown significantly, impacting businesses of all sizes and critical national infrastructure. SecurWeave is committed to safeguarding a wide range of digital assets, spanning various domains, including social, economic, political, and military sectors. With investments from IAN, the company plans to strengthen sales, advance research and development, and expand field support to achieve its mission.

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The Indian Angel Network (IAN) is recognized as the country’s largest platform for seed and early-stage investment. With IAN Angel Group, BioAngels, and IAN Fund I, the platform enables entrepreneurs to raise funds ranging from Rs. 50 lakhs to Rs. 50 crores from quality investors who provide funds, mentoring, and global market access. IAN has funded innovative startups across 19 sectors in India and seven other countries, contributing to the global expansion of these companies. The platform has been listed by Forbes as one of the iconic business and economic events of independent India, along with other notable organizations.

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