Treacle, a cybersecurity startup, has secured Rs 4 crore in its pre-seed funding round led by Inflection Point Ventures (IPV). 

As per the startup, the funding will be used to enhance its technical and business development, marketing and office expenses, and partnerships. Further, the startup will use the funds for its expansion in the Indian market.

Treacle | Cybersecurity startup

Founded by Subhasis Mukhopadhyay, Subhajit Manna, and Partha Das, Treacle’s AI-based deception technology provides advanced protection by analyzing attacker behavior, diverting them into mirage networks, and issuing early warnings to SOC analysts. 

Additionally, by implementing an AI-based early warning system, the startup enhances its capability to identify threats proactively and stay ahead of evolving cyber threats. 

Speaking about the development, Co-Founder & CEO of Treacle, Subhasis Mukhopadhyay, Co-Founder & CEO, said,

“Our mission centres on safeguarding network infrastructures through early detection, containment, and deception of threats. We’re committed to delivering unparalleled value in the market, ensuring our clients have access to premium security solutions in an affordable manner. Our goal is to establish ourselves as a market leader and create sufficient value to make the cyber world a safer place  within the next five to six years.”

Since its inception, Treacle has secured grants such as the C3iHub grant and the SISFS grant, totaling Rs 26 lakhs in 2021 and 2022, respectively.  Additionally, the startup represented India under DPIIT and participated in a sponsored delegation trip to Dubai in 2022. 

According to startup data intelligence platform TheKredible, cybersecurity startups raised around $75 million across seven deals in 2023. This is the third funding in 2024, including Silence Laboratories and Vijay Kedia-backed TAC Security.

Also, artificial intelligence-driven cybersecurity platform SentinelOne acquired PingSafe in a cash and stock deal earlier this year.

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