Amount Raised
$3.3 Million
Round Type
Seed
Description
PingSafe, a cloud-native application protection platform (CNAPP) that helps client companies target cloud security challenges, has announced its emergence from stealth mode with an investment of $3.3 million in a seed funding round led by Surge.Surge is the startup accelerator programme of Peak XV Partners, earlier called Sequoia Capital India & Southeast Asia.Other participating investors in the round were early-stage venture fund Tanglin Ventures and angel investors – PhonePe founder Rahul Chari, former WhatsApp chief business officer Neeraj Arora, Recko founder Saurya Prakash, SquareX founder Vivek Ramachandran and Tata 1mg founder Gaurav Agarwal.The freshly raised capital will help the startup advance its cloud security solution and product innovation, and also ramp up its global business development efforts in India and the United States, as per a statement.PingSafe serves customers across multiple geographies and verticals, including names like Flipkart, Razorpay, Near Intelligence, Ujjivan Bank, Skyflow, SBI General Insurance and Recko.Powered ByVideo Player is loading.Play VideoPlaySkip BackwardMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -0:00 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions and subtitles off, selectedAudio TrackPicture-in-PictureFullscreenThis is a modal window.No compatible source was found for this media.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentText BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentTransparentCaption Area BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.AdvertisementThe company was founded by ethical security hacker Anand Prakash, who has previously found vulnerabilities in companies such as Uber, Meta and Twitter, and Nishant Mittal in 2022. It has bases in San Francisco and Bengaluru.Discover the stories of your interestBlockchain5 StoriesCyber-safety7 StoriesFintech9 StoriesE-comm9 StoriesML8 StoriesEdtech6 Stories“Having discovered thousands of critical vulnerabilities in leading companies, we understand the mindset of hackers. At PingSafe, we incorporate this unique perspective into our CNAPP platform by adding capabilities like the Offensive Security Engine (OSE) that identify the most critical vulnerabilities and provide proof of exploitability, reducing the overhead of security teams,” founder and CEO Prakash explained in the statement.PingSafe’s OSE helps businesses address critical and exploitable vulnerabilities at speed and scale
Who else raised in Cyber Security and Cloud Infrastructure around the same time
Companies in the same sectors as PingSafe that raised within 45 days of this round, from Fundz verified event records.
- Kivera raised $3.5M (Seed) on August 9, 2023.
- Middleware raised $6.5M (Seed) on August 10, 2023.
- Sweet Security raised $12M (Seed) on August 9, 2023.
- Nuntio raised $2.2M (Seed) on August 4, 2023.
- Wing Cloud raised an undisclosed amount (Seed) on July 18, 2023.
- OpsCanvas raised an undisclosed amount (Funding Round) on July 10, 2023.
Who to call at PingSafe, and when
A new round usually means PingSafe is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day PingSafe raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at PingSafe, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at PingSafe. With Fundz connected, it knows.
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Related People
PingSafe 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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