How Much Did Seclore Raise? Funding & Key Investors

Seclore has successfully raised funding over four rounds, with the latest being a Series C round involving lead investors such as Oquirrh Ventures and Origami Capital Partners. The company specializes in data-centric security solutions, offering a platform that orchestrates and automates the discovery, classification, protection, monitoring, and tracking of sensitive digital assets.

Keep reading to explore the intricacies of Seclore's fundraising journey and the investors backing this innovative platform.

What Is Seclore?

Seclore, based in Santa Clara, California, specializes in data-centric security solutions. Founded to ensure information remains secure and trackable, the company operates in industries such as Cyber Security, Information Services, and Software.

With a workforce of 251-500 employees, Seclore integrates with various security tools to enhance data protection and compliance. The company has raised multiple funding rounds, including a Series C round, to support its innovative platform.

How Much Funding Has Seclore Raised?

1. Seed Round
   • Amount Raised: USD 1,000,000
   • Date: June 2009
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To establish the company's foundational operations and initial product development.
2. Series A
   • Amount Raised: USD 6,000,000
   • Date: April 2013
   • Lead Investors: Helion Venture Partners, VenturEast
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand the product offerings and scale the business operations.
3. Series B
   • Amount Raised: USD 12,000,000
   • Date: April 2016
   • Lead Investors: Sistema Asia Capital
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To enhance the technology platform and increase market penetration.
4. Series C
   • Amount Raised: USD 27,000,000
   • Date: May 2022
   • Lead Investors: Oquirrh Ventures
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To accelerate the development of Seclore's data security platform.

Total Amount Raised: USD 46,000,000. Current Valuation: Not publicly disclosed.

Key Investors

• Oquirrh Ventures
  • Details: Oquirrh Ventures is a venture capital firm that focuses on early-stage and growth-stage investments in technology companies. They co-led Seclore's Series C funding round.
  • Investment Focus Areas: Technology, early-stage investments, growth-stage investments.
  • Notable Investments: Seclore (Series C).
• Sistema Asia Capital
  • Details: Sistema Asia Capital is a private equity and venture capital firm that invests in high-growth companies in Asia. They led Seclore's Series B funding round.
  • Investment Focus Areas: Technology, healthcare, consumer services.
  • Notable Investments: Not publicly disclosed.
• Helion Venture Partners
  • Details: Helion Venture Partners is an India-focused venture fund that invests in technology-powered businesses. They were a lead investor in Seclore's Series A funding round.
  • Investment Focus Areas: Technology, e-commerce, healthcare.
  • Notable Investments: Not publicly disclosed.
• VenturEast
  • Details: VenturEast is a venture capital firm that invests in early and growth-stage companies across various sectors. They co-led Seclore's Series A funding round.
  • Investment Focus Areas: Technology, healthcare, clean technology.
  • Notable Investments: Not publicly disclosed.
• Origami Capital Partners
  • Details: Origami Capital Partners focuses on special situations and complex investment opportunities. They led Seclore's Series C growth funding round.
  • Investment Focus Areas: Special situations, complex investments.
  • Notable Investments: Not publicly disclosed.

What's Next for Seclore?

Seclore stands at the cusp of significant growth, driven by the increasing demand for robust data protection solutions. With the recent $27 million Series C funding, the company is poised to accelerate the development of its data security platform, enhancing its capabilities in data protection, governance, and compliance. This financial backing underscores the vast opportunities available, as organizations worldwide seek to secure their sensitive information.

Future fundraising opportunities appear promising, given the successful Series C round. As Seclore continues to expand its market presence and customer base, additional funding rounds could be on the horizon to support further innovation and growth. However, the company must navigate challenges such as intense competition and the rapidly evolving cybersecurity landscape. Ensuring the scalability and reliability of its platform will be crucial as it aims to meet the growing demand for data-centric security solutions.

Use Clay to Get Funding Data

Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like Seclore and gather other critical business insights. Sign up for free to enhance your sales strategies and stay ahead in the competitive market.