Infy co-founder invest $10 mn in security firm

Infy co-founder invest $10 mn in security firm

Information risk management solutions and services firm Paladion has closed growth capital funding of $10 million from Nadathur Holdings, an investment firm of Infosys co-founder N S Raghavan.

The capital will primarily be used for three purposes — enhancing Paladion’s cyber security intelligence platform and building a comprehensive cloud security services platform and global expansion of multiple Security Operation Centres (SOC), the company said.


The growth capital will give Paladion management the needed boost to execute on their aggressive market expansion plans, develop cutting edge security intelligence technologies and building a comprehensive cloud security services platform, Paladion CEO Rajat Mohanty said.

N S Raghavan said Nadathur had invested in Paladion at the very beginning, when it was just a start-up operating in India.

“This is our third major investment in line with the vision of backing scalable entrepreneurs who could build global enterprises. It is an association we are proud of and will lead to great things,” he said.

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