BluSapphire Cyber Systems, a Stamford, CT-based full-stack cybersecurity platform, raised $9.2 million in Series A funding.
The round was led by Barings Private Equity India, with participation from cross-border VC firms Dallas Venture Capital, RPG Ventures, Merisis Venture Partners, and Binny Bansal (backed xto10x).
The funds will help BluSapphire continue to build and grow the SaaS platform rapidly across North America and India.
Kiran Vangaveti, Founder & CEO of BluSapphire Cyber Systems, said, “Building resilience against sophisticated cyber-attacks is the key to business survival. BluSapphire operates with this vision. We are thankful for the continued trust placed in us by our loyal partners and clients, who have enabled our growth.”
Company: BluSapphire Inc.
Raised: $9.2M
Round: Series A
Funding Month: October 2022
Lead Investors: Barings Private Equity India
Additional Investors: Dallas Venture Capital, RPG Ventures, Merisis Venture Partners, and Binny Bansal
Company Website: https://www.blusapphire.com/
Software Category: Cybersecurity Platform
About the Company: BluSapphire, previously G14 Solutions, is an independent IT security services company providing services to numerous small and medium-sized businesses in highly regulated industries, including healthcare and financial services. Its managed security services help secure sensitive data and assets. BluSapphire has carefully prepared a selection of critical security controls and service methodologies that effectively reduce risk and benefit customers. BluSapphrie assesses, architects, and implements the technologies, policies, and procedures that most effectively protect your sensitive data assets. The BluSapphire solution is built by a team of professionals and industry veterans with several decades of experience in cybersecurity. BluSapphire is headquartered in Stamford, CT, with regional offices in India and regional partners in Singapore & Hong Kong.
Source: https://yourstory.com/2022/10/funding-cyber-security-platform-blusapphire-series-a/amp