Treacle, a cybersecurity startup founded in 2021 by Subhasis Mukhopadhyay, Subhajit Manna, and Partha Das, has recently announced the successful completion of its pre-Series A funding round, raising approximately 40 million. This significant achievement highlights the rapid growth and industry recognition that Treacle has garnered since its inception.

With a focus on developing cutting-edge cybersecurity solutions to protect businesses from evolving threats, Treacle has set itself apart in the market. The infusion of capital from the recent funding round will enable the company to expand its product portfolio, strengthen its research and development capabilities, and establish a stronger foothold in the cybersecurity industry.

The pre-Series A funding marks a crucial step forward for Treacle, positioning the company for accelerated growth and development. The founders of Treacle express confidence that the influx of capital will serve as a catalyst for achieving their strategic objectives and fueling further innovation.

Notably, the funding round was led by prominent investors who have recognized the value and potential of Treacle’s approach to addressing modern digital threats. The investors’ support underscores the market demand for innovative cybersecurity solutions and the growth prospects of Treacle as a key player in the industry.

Treacle’s core focus lies in providing defensive cybersecurity solutions to both private and government sectors, developed through extensive research and expertise. Subhasis Mukhopadhyay, one of the co-founders, emphasized the company’s commitment to safeguarding network infrastructures through early threat detection, containment, and deception tactics. The goal is to establish Treacle as a market leader and contribute to creating a safer cyber environment in the coming years.

One of Treacle’s standout products is the AI-Based Proactive Defense System with in-built Deception, designed to protect businesses even after their defense layers have been breached. By tracking and analyzing attacker behavior and luring them into a simulated network environment, Treacle’s solution not only mitigates threats but also provides valuable insights for security operations center (SOC) analysts to prevent potential attacks.

In addition to this unique offering, Treacle provides a range of other cybersecurity services, including Customized Honeypot Solutions, Intrusion Detection Systems, Insider Threat Detection Systems, and Network Security Systems. The company also conducts comprehensive Cyber Security Audits and assists in designing effective security policies for organizations.

The recent funding round has highlighted Treacle’s strengths in AI-Based Deception Technology, a key component of their defensive cybersecurity solutions. Looking ahead, the company aims to introduce new features and enhancements that will further enhance its security offerings and deliver greater value to its clients.

Since its establishment, Treacle has achieved significant milestones, including securing grants such as the C3iHub Grant and SISFS Grant in 2021 and 2022, respectively. The company has also represented India under DPIIT and participated in a sponsored delegation trip to Dubai in 2022, showcasing its commitment to innovation and industry collaboration.

As Treacle continues to grow and expand its offerings, the recent funding round is expected to fuel its trajectory towards becoming a leader in the cybersecurity space. The company’s vision of empowering organizations with advanced cybersecurity solutions aligns with the growing need for robust protection against emerging threats in the digital landscape.

In a statement, Subhasis Mukhopadhyay, CEO of Treacle, expressed gratitude for the support from investors and shared his enthusiasm for advancing the company’s cybersecurity solutions to a wider audience. The funding round will enable Treacle to accelerate its product roadmap, strengthen its team, and reinforce its position as a trusted cybersecurity partner for businesses.

Overall, Treacle’s success in securing significant funding and achieving key milestones reflects its dedication to innovation, research, and client-centric solutions in the cybersecurity domain. With a clear focus on delivering advanced cybersecurity solutions, Treacle is poised to make a lasting impact on the industry and contribute to building a safer digital ecosystem for businesses worldwide.

Source link