A Bangalore-based startup Aujas Networks Pvt Ltd, has recieved $3 million funding from IDG Ventures India. Aujas, a provider of digital security services, plans to utilise the investment to build its sales presence in India, Middle East, Europe, Asia Pac, and North America, and to enhance its service offering development initiatives. Aujas offers security services across a range of technologies, including core wireless networks, VoIP and cyber forensics. It also offers specialised domain specific security services in telecom and BFSI sectors.
“The successful closure of this deal with a keenly short listed A-grade founding team validates the potential of our Entrepreneur-In-Residence model. Aujas is our second investment in the promising information security space. The company has hit the ground running with a channel partnership MoU already inked with iViZ, our first investment in information security software product sector from India,” said Sudhir Sethi, founder, chairman and managing director, IDG Ventures India.
Srinivas Rao, Sameer Shelke, and Manjula Sridhar have co-founded Aujas. Sudhir Sethi and Meenakshisundaram will represent IDG Ventures India on the Aujas' board of directors. Sameer Shelke will be also joining Aujas shortly.
Source: EFY Times