Deal Alert: RVCF, IvyCap join existing investor IDG in follow-on funding for security tech firm Aujas
Information risk management services company, Aujas Networks has raised Series B funding from Rajasthan Venture Capital Fund (RVCF), IvyCap Ventures and existing investor IDG Ventures India. Girish Gupta of RVCF and Vikram Gupta of IvyCap Ventures will join the company’s board. The current investment will be used to fuel organic growth.
Aujas, founded in 2008 was incubated by IDG ventures through an Entrepreneur in Residence program. The company now has presence in India, Middle East and the United States and serves customers in the banking and telecom sector. Aujas also works with the government on cyber security. Nearly half of the company’s business comes from the United States and Middle East. Aujas currently employs 180 people.
Source: Press Release
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