Bangalore based startup CipherGraph Networks provides enterprise cloud security solutions, focusing on cloud security and accessibility. Founded by Jitender Sharan, CipherGraph today announced that it has raised money from veteran investor Chamath Palihapitiya. The amount of funding has not been disclosed.
Chamath Palihapitiya is the founder of The Social+Capital Partnership. Previously, Chamath was the executive responsible for overseeing Facebook Platform as well as launching Facebook’s online advertising channel. Chamath joined Facebook from The Mayfield Fund, a leading venture capital firm in Silicon Valley where he was focused on consumer Internet, advertising and technology investments. Having invested in EzeTap recently, CiperGraph is Chamath’s second investment in India.
CipherGraph is also one of the 11 startups selected for the Microsoft Accelerator for Windows Azure. The funding raised will be utilized to strengthen the technology and ramp up hiring.
(edited by Jubin Mehta)