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October 09, 2014

Deal Alert: Web content protection firm ShieldSquare raises Rs. 2-Cr

Bangalore-based ShieldSquare has raised INR 2 crore from 15 investors including Girish Mathrubootham of Freshdesk; Murugavel Janakiraman of BharatMatrimony; Sanjay Anandaram of Seedfund; red-Bus founders Phanindra Sama, Charan Padmaraju and Sudhakar Pasupunuri, and existing investor Chandu Nair, member of Chennai Angels. 

Established by Pavan Thatha, Rakesh Thatha, Vasanth Kumar G, Jyoti Kakatkar and Srikanth Konijeti in March 2014, Shield Square is a cloud-based security solution that helps online portals protect their content from unauthorised third parties. Customers include social networking sites, e-commerce portals, content websites and classified or listing sites. ShieldSquare graduated out of Microsoft Ventures Accelerator in November 2013. ShieldSquare will look to raise approximately $2 million in Series A funding in the second half of 2015. 

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