Digital security startup Uniken raises $2 M from Exfinity Venture Partners

Funding Rounds

Summary

Digital security firm Uniken has raised $2 million (Rs 12 crore) from Exfinity Venture Partners, a startup fund floated by veterans like TV Mohandas Pai, V Balakrishnan, Girish Paranjpe and Deepak Ghaisas. Uniken, is a proven security and innovation partner to leading banks and financial institutions, and currently has over a million users on its flagship REL-ID platform. " The brainchild of Sanjay, Prakash Salvi, Nilesh Dhande and Eashwar Ganapathy -- Uniken had earlier raised an undisclosed amount of funding from Nexus Venture Partners. As organizations worldwide become more and more aware of the risks posed by the lack of protection against cyber threats, information security spending will continue to increase. With this round, Uniken is focusing on global expansion and it would be interesting to watch how homegrown digital security startup fares up in international markets.

$ Funding

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Amount $2.0M Total raised
Date May 10, 2015 Announcement date
Investors Exfinity Venture Partners, Shutterstock Lead investors
Company http://www.uniken.com Funded company

Classifications

industries
Fintech & Banking
applications
Data Management

AskAI Classifications

Labels
Cybersecurity Identity Management Software as a Service (SaaS)

Linked Companies

Uniken
$10M to $25M