Seclore, a data security startup, has raised $27 million in a Series C funding round led by Oquirrh Ventures and Origami Capital.

With this deal, VenturEast, which backed the company at seed and Series A rounds, has fully exited its stake. It is exiting with a 17.5X return on its seed investment. 

As per the startup, the raised funds will be used to fast-track its journey to becoming the platform of choice for enterprise data protection initiatives. The data security startup will use the funds to expand its headcount globally as well as its customer base in North America. 

Seclore | Securing Information Wherever It Goes

Founded by Vishal Gupta and Abhijit Tannu, Seclore offers an open, automated, browser-based, data-centric security platform for enterprises. The data security startup allows organisations to utilise best-of-breed data-centric security solutions with existing enterprise systems to discover, classify, protect, and track enterprise data, both within and outside the organisation’s boundaries. 

Speaking about the development, Vishal Gupta, CEO of Seclore, said,

“Seclore’s data-centric approach is geared toward relieving enterprises from protecting infrastructure to protecting what really matters—the data. This investment fuels our ability to protect the modern workplace and ensures enterprises have a trusted partner for data security, governance, and compliance.”

As per the startup, 2,000+ companies and government organisations in 29 countries use Seclore to achieve their data security, governance, and compliance objectives. Seclore counts big government and defence agencies and more than 500 global enterprises, including American Express, Saudi Telecom, Applied Materials, ADM, and ICICI Group, as its customers.

Commenting on this development, Dhiraj Gupta, Principal, VenturEast, said,

“Seclore has grown to become a pioneer in innovating data-centric security solutions for enterprises. We are proud to have been part of the company’s exciting journey—right from being its very first seed investor a decade ago and then through multiple subsequent rounds of funding.”

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