Sequretek
A cybersecurity company that simplifies and streamlines the security technology landscape with end-to-end solutions.
| Sector | Cyber Security | Deeptech | Software/SaaS | AI/ML | Enterprise Tech |
|---|---|
| Location | Bengaluru |
| Stage | Growth |
| Website | www.sequretek.com |
About
Sequretek offers end-to-end solutions that cover a company’s security needs, with the aim of making cybersecurity simpler to manage. Industry reports from Gartner, Forrester and Avasant have identified it as one of the companies using AI and deep learning to shape the future of cybersecurity.
Funding Update
In November 2023, Sequretek raised $8 million in a Series A round led by Omidyar Network India, with participation from the Narottam Sekhsaria Family Office, Alteria Capital and VG Angels.
Venture Garage was the financial advisor to Sequretek on this round.
Why We Invested
We invested in Sequretek for several reasons together. It offers end-to-end security solutions that make cybersecurity simpler for companies to manage, and its use of AI and deep learning has been recognised in industry reports from Gartner, Forrester and Avasant. The co-founders bring senior experience from global technology companies, including Wipro, IBM, Intelligroup (an NTT DATA company), Symantec and Sun Microsystems.
The company also targets a large market. Its target market is Fortune 1000 companies across North America, Asia and Europe, a total addressable market of over $20 billion in 2019 that was projected to grow to more than $30 billion by 2024.
Team
Co-Founder
Previously worked at Wipro and IBM, and led sales for US-based Intelligroup (an NTT DATA company).
Co-Founder
Former Managing Director of Symantec for the Indian subcontinent. Previously worked at IBM and Sun Microsystems.