Tata Capital Innovations Fund invests in Vaultize

Posted by Ankur Panchbudhe on July 10 2013

After bootstrapping for three years - from conceptualizing to building a world-class enterprise solution to generating significant market traction, we are reaching a milestone today - our first round of venture funding! We are glad to announce that Tata Capital Innovations Fund (a fund managed by managed by Tata Capital) has invested in Vaultize. This fund focuses predominantly on technology led innovations which represent breakthrough in technology or process.

The funding will help Vaultize scale up its go-to-market strategy, including expansion across the world, with immediate plans to establish operations in the US and Europe, and to stay channel focused. The company will also use the funds towards building its best of the breed sales, marketing and engineering teams, and to enhance its global partner program.

The funding from Tata Capital is a testimony of the tremendous market opportunity, our unique market position and the successes we have been having in this market. Vaultize has received significant market traction attributed to its focus on security and control requirements of enterprise IT. Bolstered by the funding, we continue to expand our existing teams, our product roadmap and are beginning to build a strong presence in the US and Europe through partner network.

We look forward to serving businesses and enterprises through our innovative, enterprise-IT as well as user friendly solution.

Topics: Press, Announcements

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