Seclore Inc.

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Seclore Inc. - overview

Location

Milpitas, CA, US

Primary Industry

Software

About

Seclore Inc. specializes in data-centric security solutions that empower organizations to safeguard their sensitive digital assets through comprehensive protection, monitoring, and compliance capabilities across diverse environments. Founded in Milpitas, US, Seclore Inc. focuses on data-centric security solutions, offering a unique platform for secure data sharing and protection.


The company has completed 4 funding deals, with the most recent Series C funding round raising USD 27 mn on April 28, 2022, co-led by Oquirrh Ventures and Origami Capital Partners. Vishal Gupta serves as CEO. Seclore's primary offerings revolve around its data-centric security platform, designed to facilitate the secure sharing and protection of sensitive digital assets across various environments. The platform automates key processes such as discovery, classification, protection, monitoring, and tracking of sensitive data, helping organizations maintain control and visibility regardless of whether data resides on-premises or in the cloud.


Seclore's solutions cater to industries managing sensitive, private, or regulated data, including financial services, manufacturing, semiconductors, and government sectors. Clients can classify digital assets based on sensitivity and compliance needs, encrypt sensitive files, and manage user access dynamically. Seclore serves diverse markets, including North America, Europe, and Asia, focusing on large enterprises committed to data security. In 2022, Seclore reported a revenue of USD 12,812,224.


70 and an EBITDA of USD 4,885,427. 30. The company generates revenue through a subscription-based model, allowing clients to access its data-centric security solutions via licensing agreements for annual subscriptions. This model ensures flexibility and scalability as clients implement Seclore's security framework.


Seclore plans to leverage the USD 27 mn raised in their Series C funding round to expand operations and enhance its business reach. This includes the development of new products aimed at improving data security and expanding into new geographic markets. The company aims to enhance its offerings and reach new clients, driven by the increased operational capacity funded by the recent investment.


Current Investors

Ventureast, Helion Venture Partners, Sistema

Primary Industry

Software

Sub Industries

IT Security/Cybersecurity, Monitoring & Security Software

Website

www.seclore.com

Company Stage

Series C

Total Amount Raised

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