Apprity, a Santa Clara, Calif.-based stealth cloud security company, raised $8m in Series A venture capital funding.
The round was led by Norwest Venture Partners (NVP) and Wing Ventures, with participation from:
– Sohaib Abbasi, Chairman and Chief Executive Officer, Informatica Corporation;
– Amit Jasuja, Senior Vice President, Identity Management and Java, Oracle Corporation;
– Hasan Rizvi, former Executive Vice President, Fusion Middleware and Java, Oracle Corporation; and
– David Schneider, Senior Vice President, Sales and Services, ServiceNow.
In conjunction with the funding, Promod Haque, senior managing partner of Norwest Venture Partners, and Gaurav Garg, founding partner of Wing Ventures, will join Apprity’s Board of Directors.
The company intends to use the funds for product development and expansion of industry partnerships.
Founded in 2013 by Rohit Gupta, CEO, Apprity provides a comprehensive cloud security solution that aims to enable enterprises to deploy Software-as-a-Service (SaaS) and Cloud applications with confidence and assurance.
FinSMEs
20/02/2014