BluSapphire Cyber Systems has been recognised as one of the top Indian deeptech startups for its ability to reduce SOC (security operations centre) costs by up to 70%
BluSapphire Cyber Systems, a hyper-growth cybersecurity SaaS startup that is empowering businesses with holistic and innovative solutions, has ranked among the prestigious “League of 10” at the Emerge 50 Deep Tech Start-up Awards 2023. Their achievement was recognised at the Nasscom Future Forge 2023 event in Bengaluru.
Commenting on the win, Kiran Vangaveti, Founder and CEO of BluSapphire, said, “We're excited to be named as winners alongside other innovative startups. We're honoured that our deep tech innovation has gained recognition for its impact on the cybersecurity landscape. We thank the Nasscom team for this award. It is a validation of the potential that our full-stack AI and predictive analytics platform has for all types of industry verticals and work environments.”
The Emerge 50 Deep Tech Start-up Awards are one of India's most esteemed awards, recognising and celebrating innovation within the realm of deep tech startups. Through this, Nasscom, the apex body for the Indian IT and BPM industries, recognises groundbreaking startups that are redefining the future of industries and societies worldwide.
The winners of the Emerge 50 Awards are selected through a vote by prominent figures in the startup and PE-VC industry, and the awards serve to honour the entire spectrum of innovation within deep tech startups, contributing to a brighter, more sustainable, and technologically advanced world.
BluSapphire, a Gartner Cool Vendor, has been recognised for its rapid automated cyber attack detection and response platform. It has reduced SOC (security operations centre) costs by up to 70%, delivering faster value realisation.
Founded in 2017 by Kiran Vangaveti, the hyper-growth cybersecurity SaaS platform aims to solve the industry gap in security operations and visibility space. The full-stack AI and predictive analytics platform enables clients to prevent sophisticated cyberattacks across cloud, on-premise, and hybrid work environments. BluSapphire aims to revolutionise the cybersecurity landscape for mid enterprises with cutting-edge cyber products that provide the same calibre of cybersecurity defence as employed by large enterprises.
About BluSapphire
BluSapphire is an Industry-first, purpose-built, cloud-native, platform powered by AI and Big Data analytics. Along with technology, BluSapphire offers managed detection and response services enabling organisations to quickly transform their cybersecurity posture, resulting in faster time to value and allowing faster cyber breach detection and mitigation, thereby reducing the organisation’s overall business risk posture.
The startup was founded in 2017 by Kiran Vangaveti, a veteran of the cybersecurity domain with almost 25 years of experience. Observing that cybersecurity programmes always stayed counterproductive with negative ROI due to siloed technologies and/or service implementation with no automation lever, Vangaveti launched BluSapphire Cyber Systems, a hyper-growth cybersecurity SaaS platform and a Gartner Cool Vendor. Besides India, BluSapphire has a presence in the US and has expanded into the Gulf as well.
In 2022, BluSapphire Cyber Systems raised $9.2 million as part of its Series A round. The round was led by Barings Private Equity India, with participation from cross-border VC firm Dallas Venture Capital, Binny Bansal-backed xto1s0x, RPG Ventures, and Merisis Venture Partners.
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