Bot protection startup InfiSecure gets $600k in seed funding from IDG and Axilor

Funding Rounds

Summary

With the newly infused money in the company, it is now planning to invest more on research and global business development. Founded in March 2016 by Abhilash Pandey, an IIM Calcutta alumnus, Infisecure is a SaaS platform for real-time bot detection and fraud protection. As per the company, it sanitizes website’s traffic and improves business metrics using a 24×7 active SaaS solution. Commenting over their investment, Venkatesh Peddi, Executive Director, IDG Ventures India, said, Ganapathy Venugopal, Co-founder and CEO of Axilor, said, The company says that it is already protecting several global online businesses from scraping, bot abuse, fake traffic fraud, content theft, form spam and other online frauds that are caused by bots. The platform gives businesses insights about their bot traffic and eliminates bad, unwanted or suspicious behavior in real-time.

$ Funding

$
Amount $60.0M Total raised
Date November 23, 2016 Announcement date
Investors - Lead investors
Company http://www.infisecure.com Funded company

Classifications

industries
Entertainment
applications
Business Intelligence

AskAI Classifications

Labels
No AI classifications detected

Linked Companies