Archive · 14 Jan 2026
CloudSEK Raises $10M from US State Fund
CloudSEK is a cybersecurity company from Bengaluru, India.
They recently received $10 million from a US state investment group called Connecticut Innovations.
This makes CloudSEK the first Indian cybersecurity company to get money from a US state fund.
The company plans to use this money to hire more people in the US and grow their business there.
They currently have 20 clients in the US and hope to have 200 in the next year.
CloudSEK was started in 2015 and now has over 250 employees worldwide.
They help protect businesses and governments from cyber threats.
CloudSEK, a Bengaluru-based cybersecurity firm, raised $10 million from Connecticut Innovations, the venture capital arm of the State of Connecticut.
This investment makes CloudSEK the first Indian-origin cybersecurity company to receive funding from a US state-backed venture fund.
The funds will be used to create high-paying jobs in the US and expand the company's presence there.
CloudSEK plans to increase its US team from 5 to 15 by March and aims to have 200 clients in the US within the next 12 months.
The company has raised a total of $39 million to date and has an enterprise valuation of close to $200 million.
- Who
- CloudSEK, a Bengaluru-based cybersecurity company, and Connecticut Innovations, the venture capital arm of the State of Connecticut.
- What
- CloudSEK raised $10 million from Connecticut Innovations, becoming the first Indian-origin cybersecurity firm to receive funding from a US state-backed venture fund.
- When
- The investment was announced on Tuesday.
- Where
- CloudSEK is based in Bengaluru, India, and plans to expand its presence in the US.
- Why
- The funds will be used to create high-paying jobs in the US and expand the company's presence there.
- Company
- CloudSEK
- Investor
- Connecticut Innovations
- Funding Amount
- $10 million (₹90 crore)
- Enterprise Valuation
- $200 million
- Total Funding to Date
- $39 million
- Current US Team Size
- 5
- Planned US Team Size by March
- 15
- Current Clients in US
- 20
- Target Clients in US
- 200 in next 12 months
- Current Global Team Size
- 250
- Planned Global Team Size by March
- 300
