Aujas raises Series B funding from IDG Ventures India, IvyCap Ventures and RVCF
Aujas, a global Information Risk Management (IRM) services company, has raised Series B round of funding, from Rajasthan Venture Capital Fund (RVCF), IvyCap Ventures and IDG Ventures India. Aujas will use the funds to strengthen the company’s presence in North America, South Asia and the Middle East.
One of the fastest growing companies in the information risk management and security services domain, globally, Aujas, was incubated by IDG Ventures India as part of an Entrepreneur in Residence (EIR) program and set up in 2008 with seed funding from IDG Ventures.
It is presently one of the largest pure-play security services entities in India. The company, listed in the Deloitte Tech Fast 50™ for the last three years in a row, announced that have witnessed over 100% year on year growth and now has partners with over 300 clients in 23 countries, providing professional services in North America, South Asia and the Middle East.
Srinivas Rao, Co-founder and CEO of Aujas, said while announcing the funding news, “Aujas is in a very strong position with a fundamentally unique and differentiated approach to IT risk management. This funding will allow us to continue to invest in the technology and the global operations our customers require. We are focused on bringing greater innovation and scalability to how organizations manage their IT risks and mitigate threat. With this additional funding we will have the staying power to make these investments.”
Aujas offers Information Risk Management (IRM) services which span strategy and advisory, control integration & sustenance and optimization. Aujas provides technology life-cycle services including strategy and design, control integration, sustenance and optimization services in the area of information risk. It provides professional services in North America, South Asia and the Middle East. Their service portfolio includes Risk Management, Data Protection, Identity and Access Management and Secure Development Life-cycle services.