IT Security Firm Securden raises funding from Accel Partner
San Francisco, July 8, 2020: IT security startup Securden Inc has received USD 1.2 million in a seed investment round led by global venture capital firm Accel, a top company official said.
According to company co-founder Balasubramanian Venkatramani, the funding would be used for taking up the company's marketing, research, and development among others, a statement said.
Securden is engaged in preventing identity thefts, malware propagation and insider threats among many others, a company statement said.
The investment round builds on Securden's momentum as a company witnessing rapid adoption by enterprises across various sectors including banking and financial, healthcare, education, and government among others.
The funding of USD 1.2 million (about Rs 9 crore) has seen partic...