25 July 2016, India :
Cybersecurity startup Lucideus has raised funding from Flipkart CFO Sanjay Baweja. The amount of funds were not disclosed. Previously, the firm had raised an undisclosed amount of funding from Snapdeal’s former CPO Anand Chandrasekaran.
Talking about the investment, CEO Saket Modi, said, “ The funding has importance from a strategic advisory point of view. As we are moving towards creating a new product, we are getting offers from VCs and other investors looking to be a part on Lucideus’ journey. More than the money, it’s the mentorship we will get from our new investor that make this crucial.”
Founded in 2012 by Saket Modi, Delhi-based Lucideus is a cybersecurity company that offers consultancy, training and solutions to counteract cyber attacks.