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Leading unified cyber security platform, WiJungle has raised an undisclosed amount in its seed round funding at the valuation of $22 Million from the U.S based Venture Capital firm SOSV.
The company plans to leverage the capital to enhance technical capabilities and boost its sales expansion plans.
Speaking on the funding round, Karmesh Gupta, Co-founder, and CEO of WiJungle said, “We decided to be a part of the SOSV program from the point of global scalability and the mentorship to co-work on our expansion plans. The cohort program proved to be an invaluable learning curve for us, starting from the refinement of pitch and sales strategies to improve KPIs and growth plans. Indeed, SOSV has proved to be super founder-friendly and with this funding, we will be able to augment our technical capabilities, serve more customers across the globe and drive our sales strategies.”
WiJungle is currently serving the government and private companies across industry verticals like hospitality, healthcare, education, defense, transportation, retail, BFSI, and ITES, among others.
Commenting on the investment, Oscar Ramos, Partner at SOSV said, “Cybersecurity in the age of hybrid work and cross-border collaboration is an existential issue for companies of all sizes. WiJungle impresses us with their unwavering commitment to technical excellence, and we can’t hope for a better team to tackle this challenge at a global level.”