Indusface, a Bengaluru, India-based application security SaaS startup protecting web and mobile apps, secured $5m in funding.
Tata Capital Growth Fund II made the investment. In conjunction with it, Pramod Ahuja, Partner, Tata Capital Growth Fund, will join Indusface’s Board of Directors.
The company intends to use the funds to accelerate global customer acquisition and product innovation plans.
Led by Ashish Tandon, Founder and CEO, Indusface provides a SaaS based application security platform that allows organizations to protect their web and mobile applications. The cloud-based security platform is built using a proprietary Web Application Security Scanner and a dynamic Web Application Firewall, integrated with an intelligent global threat information engine and managed by security experts. The company’s solutions currently secure thousands of customer applications globally by detecting security risks and protecting them from being hacked.