Cybersecurity startup Horangi nabs US$20M Series B led by Provident Growth
Horangi, a Singapore-based cybersecurity company that provides solutions to industries across Southeast Asia, has announced a US$20 million fundraise in a Series B round, led by Southeast Asian private equity firm Provident Growth.
Other participating investors include Singapore’s Monk’s Hill Ventures, Australian VC firm Right Click Capital, and venture debt fund Genesis Alternative Ventures.
This round brings Horangi’s total funding raised to date to US$23.1 million.
Horangi will use the fresh funds to support its expansion plan in the region. It also plans to enhance its cloud security product Warden, double its staff count to grow presences in Singapore and Indonesia, and infuse Artificial Intelligence and Machine Learning technologies.
Since its launch in 2016 by former Palantir cybersecurity experts Paul Hadjy and Lee Sult, Horangi has worked with over 200 customers to provide cybersecurity solutions.
Horangi’s services include Penetration Testing and vCISO, which seeks to empower organisations of all sizes to threats.
Its product ‘Warden’ is designed to protect organisations using public cloud infrastructure from critical security threats and compliance violations in the cloud.