{"id":39794,"date":"2022-05-03T20:48:46","date_gmt":"2022-05-03T15:18:46","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-traceable-funding\/"},"modified":"2022-05-03T20:48:46","modified_gmt":"2022-05-03T15:18:46","slug":"biz-traceable-funding","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-traceable-funding\/","title":{"rendered":"Traceable AI raises USD 60 million from Institutional Venture Partners, others"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4235683812\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi, May 3 (PTI) IT security startup Traceable AI on Tuesday said it raised USD 60 million, about Rs 460 crore, in a funding round led by Institutional Venture Partners.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4203492422\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> This new funding values Traceable AI at more than USD 450 million, the company said in a statement.<\/p>\n<p> Tiger Global Management and existing investors Unusual Ventures and BIG Labs also participated in the latest funding round.<\/p>\n<p> Traceable AI, which has employee base split between India and US, plans to use this round of funding to accelerate its next phase of growth by further investing in its product development and research efforts, expanding its sales and marketing teams, and expanding global sales.<\/p><div class=\"trade-content_5\" id=\"trade-2951734922\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Started two years ago by AppDynamics and Harness founder Jyoti Bansal along with former AppDynamics VP of Engineering Sanjay Nagaraj, Traceable AI had raised USD 20 million in series A round in July 2020.<\/p>\n<p> &#8220;Traceable offers a fundamentally differentiated solution that provides coverage across the full DevSecOps (Development Security and Operations) software lifecycle \u2014 from API development and testing to runtime protection.<\/p>\n<p> &#8220;The company is led by Jyoti Bansal and Sanjay Nagaraj, proven entrepreneurs whom we have been fortunate to work with before. They listen to customer needs and know how to deliver software at scale,&#8221; IVP general partner Steve Harrick was quoted as having said in a statement. PTI PRS  HVA<\/p>\n<div class=\"trade-after-content\" id=\"trade-1697722426\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, May 3 (PTI) IT security startup Traceable AI on Tuesday said it raised USD 60 million, about Rs 460 crore, in a funding round led by Institutional Venture Partners. This new funding values Traceable AI at more than USD 450 million, the company said in a statement. Tiger Global Management and existing investors [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-39794","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Traceable AI raises USD 60 million from Institutional Venture Partners, others - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-traceable-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Traceable AI raises USD 60 million from Institutional Venture Partners, others\" \/>\n<meta property=\"og:description\" content=\"New Delhi, May 3 (PTI) IT security startup Traceable AI on Tuesday said it raised USD 60 million, about Rs 460 crore, in a funding round led by Institutional Venture Partners. 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