BluSapphire raises $9.2mn in Series A funding from Barings PE India, Dallas Venture Capital

BENGALURU: Full-stack cybersecurity platform BluSapphire Cyber Systems has 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 xto10x, RPG Ventures & Merisis Venture Partners. ValueBridge Capital was the sole advisor for this transaction. Kiran Vangaveti, Founder & CEO, BluSapphire Cyber Systems stated, “Building resilience against sophisticated cyber-attacks is the key to business survival. BluSapphire operates with this vision. The capital will help us continue to build and grow our SaaS platform rapidly across North America and India.”