WiJungle raises seed capital from the global venture capital firm SOSV
- ByStartupStory | April 28, 2022
WiJungle, a cybersecurity business, has acquired an unknown seed round of funding from SOSV, a venture capital firm based in the United States. The business intends to use the funds to improve its technological capabilities and expand its sales.
WiJungle co-founder and CEO Karmesh Gupta said, “We opted to be a member of the SOSV program from the point of global scalability and mentorship to co-work on our expansion objectives.” “From refining pitch and sales methods to improving KPIs and growth plans, the program proved to be a learning curve.” We will be able to expand our technological skills, serve more customers throughout the world, and push our sales initiatives with this money,” he added.
WiJungle works with government and commercial companies in a variety of industries, including hospitality, healthcare, education, defense, transportation, retail, BFSI, and ITES. The company is also listed among Gartner’s network security providers, and it serves the cybersecurity demands of organizations in a variety of countries.
WiJungle, founded by Karmesh and Praveen Gupta, allows businesses to secure and strengthen their networks through a single interface. Its AI and ML-powered security platform includes features like network firewalls, web application firewalls, hotspot gateways, SD-WAN, data leakage prevention, and vulnerability assessments, among others. WiJungle’s AI-powered capability and unified single-window network management capacity aid businesses in their cybersecurity efforts. In order to achieve a strategic scale-up and facilitate expansion goals, the company plans to strengthen its executive team.
This startup claims to be helping the government and commercial sector in a variety of industries, including hospitality, healthcare, education, defense, transportation, retail, BFSI, and ITES.