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SysCloud raises $2.5 million from Inventus Capital, KAE Capital

Tags: SysCloud, KAE Capital, series A

November 19, 2014 | COMMENTS ( 0 )

SysCloud raises $2.5 million from Inventus Capital, KAE Capital

SysCloud has announced that it has completed a $2.5 million in series A funding round led by Inventus Capital Partners along with participation from existing investor, KAE Capital. SysCloud offers a suite of tools that provides protection for data in Google Apps through real-time backups, insights and security policies. Over 500,000 users from 32 countries are on the SysCloud protection platform.

“At SysCloud, we’re focused on providing the highest level of data security, and this funding allows us to build on our current product innovations to cover other cloud-based collaboration tools, including Microsoft Office 365, Salesforce, Dropbox and Box. We’re thrilled to have the support of our investors at Inventus and KAE and we look forward to working closely with them as we continue to expand,” said Vijay Krishna, CEO, SysCloud.

“As we continue to read about data breaches among some of the largest companies around the world, SysCloud’s data security suite is becoming an invaluable tool for companies and organizations with sensitive data. The growth that SysCloud has seen in the past year is testimony to the company’s success and we are looking forward to partnering with them as they continue to disrupt the market,” said John Dougery, MD, Inventus Capital.

“For us at Kae the growth of Syscloud has been very exciting to witness as an early investor in the company. Kae is privileged to be associated with Vijay and his team over the last 2 years and we welcome Inventus to the Syscloud partnership” said, Sasha Mirchandani, MD, KAE Capital.

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