Data security solutions provider Induz raised $780K in a funding round led by YourNest Venture Capital to accelerate product development and achieve critical security certifications.
Amount Raised
$780,000
Round Type
Seed
Investors
Description
Induz has secured $780,000 in a funding round led by YourNest Venture Capital. The funds will be used to accelerate product development and obtain essential security certifications.
Quick answer
Induz raised $780,000 in a Seed round, dated November 5, 2024. Investors: SanchiConnect and YourNest Venture Capital. Induz is based in Hyderabad, Telangana, India.
- How much did Induz raise?
- Induz raised $780,000 in a Seed round on November 5, 2024.
- Who invested in Induz?
- SanchiConnect and YourNest Venture Capital are named as investors in this round.
- What does Induz do?
- Induz is a data security solutions provider co-founded in 2023 by Tirumalesh Chalamarla and Sreerama Mohan Gadam.
- Where is Induz based and how big is it?
- Induz is based in Hyderabad, Telangana, India.
- Who are the decision-makers at Induz?
- Fundz holds 1 contact at Induz. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Security and Cyber Security around the same time
Companies in the same sectors as Induz that raised within 45 days of this round, from Fundz verified event records.
- Vault Cloud raised $23M (Series B) on December 20, 2024.
- ETHIACK raised $4.2M (Seed) on December 12, 2024.
- Tuskira raised $29M (Funding Round) on December 4, 2024.
- AI Spera raised $9M on November 26, 2024.
- Twine Security raised $12M (Seed) on November 25, 2024.
- Replica Cyber raised $8M (Series A) on November 21, 2024.
Who to call at Induz, and when
A new round usually means Induz is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Induz raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Induz, from your own LinkedIn network
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Related People
Induz raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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