In today’s briefing:
- Surge Leads $3.3m Seed Round of SG Cloud Security Firm
Surge Leads $3.3m Seed Round of SG Cloud Security Firm
- PingSafe, a Singapore-based cybersecurity firm, has raised US$3.3 million in a seed funding round led by Surge, the scale-up program of Peak XV Partners (formerly Sequoia Capital India & SEA). The round also saw participation from Tanglin Ventures and several angel investors.
- The company will use the fresh funds to expand its business across Southeast Asia and North America.
- Founded in 2022 by CEO Anand Prakash and CTO Nishant Mittal, PingSafe provides a cloud security platform that protects companies’ data and apps from cyber attacks.