TAC Security Solutions, a provider of cyber-security solutions to corporate clients, has raised a pre-Series A funding from veteran stock market investor Vijay Kedia. Keeping its funding cycle on track, TAC Security plans to close its Series – A funding of $10million within this Financial Year.
As part of the deal, Mr Kedia will also join the company’s Board of Directors soon. He will join the board as a Non-Executive Independent Director and guide TAC to expand the business globally.
Trishneet Arora, Founder, TAC Security Solutions said, “Mr.Kedia has built various big brands and his advice and mentoring will help us grow the company to the next level.”
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 & web security to corporate giants, Government, and Law enforcement agencies.
Vijay Kedia, the managing director at Kedia Securities Pvt. Ltd. said, “Cyber-crime is a bigger threat to business than terrorism. It is estimated that every minute, half a million attack attempts are happening in cyberspace. The world is facing an arms race in terms of security. I believe the opportunities available in this space would possibly beat the estimations of $170 billion by 2020 and grow further.”
TAC Security’s latest service, TAC-CERT (Cyber Emergency Response Team) was launched this January by Industry and Commerce Minister of Punjab.
Founded in 2013 by Arora, TAC Security works for 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.
