Chiratae News

Aujas Receives Funding

India West

December 21, 2013

By Richard Springer, Staff Reporter

UNITED STATES – Cupertino, Calif.-based Aujas, an information risk management services company, has raised undisclosed series “B” funding from IvyCap Ventures, Rajasthan Venture Capital Fund and IDG Ventures. Aujas CEO and co-founder Srinivas Rao said, “This funding will allow us to continue the investments in our global operations and technology.”

Aujas co-founder and CTO Sameer Shelke added, “Our focus on innovation has enabled us to deliver value to clients, which would be further enhanced by the Aujas security platform.”

“Aujas has successfully positioned itself as a premier global player in this market, and we are excited to have IvyCap Ventures and Rajasthan Venture Capital Fund on board as valuable investors in Aujas,” said Sudhir Sethi, founder, chairman and managing director of IDG Ventures. Vikram Gupta, founder and managing partner, IvyCap Ventures, and Girish Gupta, CEO of RVCF, have joined Aujas’ board of directors.