AI-powered data security company TrustLogix has successfully closed its latest funding round, securing $13m to accelerate the expansion of its AI capabilities and strengthen its position as a leader in the Data Security Platform (DSP) sector.
The Series Seed-2 round was led by new investor Westwave Capital, alongside co-lead Alter Venture Partners, The Hive, and existing investor Norwest Venture Partners.
TrustLogix provides a cloud-native data security platform designed to deliver granular access control and risk mitigation across multiple cloud environments. The company’s technology ensures enterprise-scale security while maintaining performance efficiency, enabling organisations to enforce fine-grained access policies seamlessly.
TrustLogix CEO and founder Ganesh Kirti highlighted the significance of the funding, stating, “From inception, we engineered TrustLogix for enterprise scale. Witnessing our platform securing access control for hundreds of thousands of users across all leading data platforms with over 50 exabytes of data is a testament to our design.
“This funding allows us to refine our industry-leading AI features further, support additional data platforms, and enhance our sales capabilities well into the future.”
The investment was welcomed by TrustLogix’s backers, with Westwave Capital managing director Warren Weiss stating, “Building enterprise-grade software that scales to the complex data and security requirements of Global 500 businesses is a formidable challenge for startups.
“TrustLogix stood out as an essential investment due to its unique architecture and the diversity of its enterprise customer base adapting to complex enterprise environments.”
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