New Delhi, Aug 22 : Leading provider of cyber-security solutions to corporate clients TAC Security Solutions announced closing of pre-Series A funding from renowned business leader Vijay Kedia.
The veteran investor in the Indian Stock Market will also join this company's Board of Directors soon.
Keeping its funding cycle on track, TAC Security plans to close its Series A funding of USD 10million within this Financial Year.
TAC Security is a friendly hacker that helps corporate giants, identify weaknesses within their systems before fraudulent hackers can highjack them.
It provides network, application and web security to corporate giants, Government, and Law enforcement agencies.
The company's latest service TAC-CERT (Cyber Emergency Response Team) was launched this January by Industry and Commerce Minister of Punjab.
"We are very excited in bringing such amazing and premier investor on board who has shown a lot of interest and confidence in our business.
Kedia has built various big brands and his advice and mentoring will help us grow the company to the next level," said Founder TAC Security Solutions, Trishneet Arora.
Adding his bit, Vijay Kedia M.D. at Kedia Securities Pvt. Ltd. commented, "As we all know, cyber-crime is a bigger threat to business than terrorism. It is estimated that every minute, half a million attack attempts are happening in cyber space. World is facing an arms race in terms of security. I believe the opportunities available in this space would possibly beat the estimations of USD 170 billion by 2020 and grow further." TAC Security Solutions was founded in 2013 by Trishneet Arora, a renowned cyber-security expert and ethical hacker.
He has been recognized and felicitated with a State award by the Chief Minister of Punjab. The ambitious venture already works for prominent clients like Reliance Industries Limited, Gujarat Police, Punjab Police, International Tractors Limited (Sonalika), AMUL, Avon Cycles, RALSON, and Central Bureau of Investigation (CBI) among others.
Kedia will join the board as a Non-Executive Independent Director in the company and will guide TAC to expand the business globally.