Treacle,\u00a0a\u00a0cybersecurity\u00a0startup\u00a0has\u00a0raised\u00a0INR\u00a04\u00a0Crores\u00a0in\u00a0a\u00a0pre-seed round led by Inflection Point Ventures. The funds will be utilised to enhance technical and business development, marketing and office expenses, partnerships, and expansion in the Indian market.<\/p>\n
Incubated from the IHub program at FIRST, IIT Kanpur, Treacle, specializes in Defensive Security. Led by Co-founders Subhasis Mukhopadhyay (CEO), Subhajit Manna (CTO), and Partha Das (COO), it combines decades of collective expertise in cybersecurity and software development. Subhasis, with 8 years in Defensive Cyber Security and renowned research acumen,\u00a0spearheads\u00a0innovation.\u00a0Subhajit,\u00a0comes\u00a0with\u00a0a\u00a0B.Tech\u00a0in\u00a0ECE\u00a0and\u00a07\u00a0years\u2019\u00a0experience in OT systems security and DevOps, ensures technical excellence. Partha, holding a BCA degree and certified as an Ethical Hacker, leverages over 11 years of IT and cybersecurity experience to drive operational efficiency and product development. Together, their diverse skill sets fuel Treacle\u2019s mission to pioneer cybersecurity solutions.<\/p>\n
Vikram Ramasubramanian, Partner, Inflection Point Ventures\u00a0says, \u201cTreacle\u2019s core strengths lie in our AI-Based Deception Technology, a cornerstone of our Defensive Cyber Security\u00a0solutions.\u00a0By\u00a0analyzing\u00a0attacker\u00a0behavior\u00a0and\u00a0diverting\u00a0them\u00a0into\u00a0simulated\u00a0networks, Treacle provides advanced protection. Additionally, the AI-Based Early Warning System enhances the ability to identify threats swiftly and proactively, issuing early alerts to SOC\u00a0analysts.\u201d<\/p>\n
Treacle\u2019s strengths lie in its cutting-edge AI-Based Deception Technology, which forms the backbone of its Defensive Cyber Security solutions, that provides advanced protection by analyzing attacker behavior, diverting them into mirage networks, and issuing early warnings to SOC analysts. Additionally, the implementation of an AI-Based Early Warning System enhances its capability to identify threats swiftly and proactively. These USPs enable Treacle to offer unparalleled protection, empowering organizations to stay ahead of evolving cyber threats.\u00a0Dedicated\u00a0to\u00a0enhancing\u00a0national\u00a0cybersecurity\u00a0infrastructure,\u00a0Treacle\u00a0serves\u00a0both\u00a0private and government sectors with cutting-edge solutions developed through rigorous\u00a0research.<\/p>\n
Subhasis\u00a0Mukhopadhyay,\u00a0Co-Founder\u00a0&\u00a0CEO,\u00a0says,\u00a0\u201cOur\u00a0mission\u00a0centers\u00a0on\u00a0safeguarding network infrastructures through early detection, containment, and deception of threats. We\u2019re committed to delivering unparalleled value in the market, ensuring our clients have access to premium security solutions in an affordable manner. Our goal is to establish ourselves as a market leader and create sufficient value to make the cyber world a safer place\u00a0\u00a0within the next five to six years.\u201d<\/p>\n
Treacle has achieved significant milestones since its inception. Notably, they secured grants such as the C3iHub Grant and the SISFS Grant, totalling INR 26 lakhs, in 2021 and 2022, respectively. Additionally, Treacle represented India under DPIIT and participated in a sponsored\u00a0delegation\u00a0trip\u00a0to\u00a0Dubai\u00a0in\u00a02022.\u00a0Further,\u00a0they\u00a0clinched\u00a0the\u00a0DCIS\u00a02023\u00a0Grant\u00a0worth INR 25 lakhs from the Department of Telecommunications, GoI, and won the AWS Campus fund Grand Challenge 2023, being named the Best Student Led Startup. These accomplishments underscore Treacle\u2019s dedication to innovation and excellence in the cybersecurity domain.<\/p>\n
The global cybersecurity market is projected to reach $424.97 billion by 2030, with a compound annual growth rate (CAGR) of 13.8%. In the SAM, revenue is expected to reach US$2.53 billion by 2023, with Cyber Solutions dominating at US$1.26 billion. Additionally, the TAM for cybersecurity is forecasted to hit US$166.20 billion by 2023.<\/p>\n
About Treacle<\/p>\n
Founded\u00a0in\u00a02021\u00a0by\u00a0Subhasis\u00a0Mukhopadhyay,\u00a0Subhajit\u00a0Manna,\u00a0and\u00a0Partha\u00a0Das,\u00a0Treacle\u00a0works in the area of Defensive Cyber Security. They have developed an AI-Based Deception Tech solution\u00a0that\u00a0helps\u00a0identifying\u00a0attackers\u00a0at\u00a0an\u00a0early\u00a0stage\u00a0and\u00a0increases\u00a0the\u00a0overall\u00a0efficiency\u00a0of the Security Operations Centre (SoC).<\/p>\n","protected":false},"excerpt":{"rendered":"