Nirmata funding: SaaS firm Nirmata raises $9.6 million from Peak XV’s Surge, others

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Software solutions provider Nirmata has raised $9.6 million in a funding round led by Peak XV’s Surge.The round also witnessed participation from Dallas Venture Capital, Dreamit, Z5 Capital and Uncorrelated Ventures.

The San Jose-based company plans to use the new funds to expand its India operations, scale its go-to-market strategy, and accelerate product development focused on security automation, governance, and compliance for applications and IT infrastructure from code to cloud.

Founded in 2013 by Jim Bugwadia, Ritesh Patel, and Damien Toledo,…



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Nirmata funding: SaaS firm Nirmata raises $9.6 million from Peak XV’s Surge, others


Software solutions provider Nirmata has raised $9.6 million in a funding round led by Peak XV’s Surge.The round also witnessed participation from Dallas Venture Capital, Dreamit, Z5 Capital and Uncorrelated Ventures.

The San Jose-based company plans to use the new funds to expand its India operations, scale its go-to-market strategy, and accelerate product development focused on security automation, governance, and compliance for applications and IT infrastructure from code to cloud.

Founded in 2013 by Jim Bugwadia, Ritesh Patel, and Damien Toledo,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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