New Delhi-based cybersecurity startup SafeHouse Tech has raised $6 million in a pre-Series A funding round led by billionaire investor Gonpo Tsering among a consortium of other strategic HNWIs.
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The startup plans to use the raised capital to fuel international expansion in Europe and Southeast Asia. It will also focus on the groundbreaking R&D division to enhance market-leading technology and new product features set for release in 2023.
Previously, the consumer-first cybersecurity startup has raised several rounds of funding from notable institutional investors such as Barclays Ventures, Techstars Ventures, and Kube VC amongst ultra HNWIs individuals such as Gonpo Tsering, Gopal Das, Purnendu Chatterjee, and Gaurav Saxena.
Founded by Aditya Narang, Liad Herman, and Miri Yudovich, SafeHouse Tech is an Indo-Israeli cybersecurity company redefining cyber defence for consumers with its flagship mobile security app, BodyGuard.
The startup claims that its app has secured more than 2.5 million Indian users, with a distribution network in 5,000 stores covering more than 700 cities.
Aditya Narang, Co-founder & CBO of SafeHouse Tech, said, “SafeHouse has seen great success in India, maintaining a strong market share in our segment. Our mission is to provide digital safety to everyone online. This next era of SafeHouse expands our mission beyond India and radically enhances our product and services portfolio.”
Source @Indianstartupnews
