IAN Backs Cloud Based Security Solution Provider Startup, Instasafe

Bangalore-based InstaSafe, a cloud based security solutions provider startup has raised an undisclosed amount of funding led by Vishal Khare and Alok Agarwal on behalf of Indian Angel Network (IAN) and has been co-invested with CIO Angel Network (CAN).

Founded in 2012 by Sandip Kumar Panda, Biju George, Prashanth Guruswamy and Deepak Panigrahy, InstaSafe is a cloud based security solutions provider that helps mobile and remote workers securely access enterprise apps, email and web on a Security-as-a-Service (SaaS) model.

The raised capital will be used in many ways like expansion of sales & marketing efforts, product development and hiring talents.

InstaSafe, which is a hardware free, zero configuration, self-service style SaaS model, can be installed in minutes including reporting. Thus, set to disrupt the cyber security market.

It’s clients include the AV Birla Group, Asian Paints, DTDC Courier & Cargo, Pidilite and Kirloskar who use InstaSafe Secure Access to securely connect to their mission critical enterprise apps to distributed remote mobile workers.

Commenting on the future of InstaSafe, Anthony (Tony) Thomas from CIO Angel Network said, “The cloud and ‘Security-as-a-Service’ delivery models are transforming the IT landscape and we see tremendous opportunity in the rapidly-growing cybersecurity industry. InstaSafe SaaS model is disruptive and holds global potential.”

The SaaS model is simple, flexible and affordable. It can be used for secure mobile remote access to on-premises/cloud applications, encrypted access to build a private virtual network across multiple public / private clouds and web security for mobile workers.

InstaSafe is supported by Microsoft Ventures & Citrix Innovators Program and has received financial assistance as a part of Citrix Accelerator Innovators Program in March 2015.

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