Tata Capital Private Equity-led Tata Capital Growth Fund II (TCGF II), Thursday said it has invested $5 million in software-as-a-service (SaaS) startup Indusface to help the firm accelerate its global customer acquisition and product innovation plans.
The California-based startup, which also has offices across four locations in India, provides application security to over 2,000 active customers globally.
The firm uses a cloud-based security platform built using its proprietary web application security scanner and web application firewall that are integrated with a global threat information engine, managed by security experts. “We believe that the cyber security market will continue to see significant growth as securing digital assets