About BluSapphire
BluSapphire is a company based in Hyderabad (India) founded in 2014 by Kiran Vangaveti. BluSapphire has raised $9.2 million across 1 funding round from investors including xto10x, Baring Private Equity Partners and Dallas Venture Capital. The company has 74 employees as of March 28, 2024. BluSapphire offers products and services including NextGen AI SIEM, Secure DataLake, and MDR Services. BluSapphire operates in a competitive market with competitors including Splunk, Sumo Logic, Exabeam, LogRhythm and LogPoint, among others.
- Headquarter Hyderabad, India
- Employees 74 as on 28 Mar, 2024
- Founders Kiran Vangaveti
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Blusapphire Cyber Systems Private Limited
- Date of Incorporation 21 Feb, 2014
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$319.44 K (USD)-58.31as on Mar 31, 2023
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Net Profit
-$108.06 K (USD)-397.27as on Mar 31, 2023
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EBITDA
-$116.08 K (USD)-207.86as on Mar 31, 2023
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Total Equity Funding
$9.2 M (USD)
in 1 rounds
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Latest Funding Round
$9.2 M (USD), Series A
Sep 30, 2022
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Investors
xto10x
& 5 more
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Employee Count
74
as on Mar 28, 2024
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Products & Services of BluSapphire
BluSapphire offers a comprehensive portfolio of products and services, including NextGen AI SIEM, Secure DataLake, and MDR Services.
AI tool for rapid threat detection and response.
Platform to reduce storage costs and enhance analytics.
Service for proactive threat monitoring and remediation.
Funding Insights of BluSapphire
BluSapphire has successfully raised a total of $9.2M through 1 strategic funding round. The most recent funding activity was a Series A round of $9.2 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $9.2M
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First Round
First Round
(30 Sep 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series A - BluSapphire | Valuation | Baring Private Equity Partners |
Investors in BluSapphire
BluSapphire has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include xto10x, Baring Private Equity Partners and Dallas Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund and startup accelerator focused on technology sectors
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Founded Year | Domain | Location | |
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Tools and services for organizational scaling and leadership development.
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Founded Year | Domain | Location | |
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RPG Ventures is focused on incubating and investing in new businesses.
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Founded Year | Domain | Location |
Investments & Acquisitions by BluSapphire
Financial Statements - BluSapphire
Blusapphire Comparisons
Competitors of BluSapphire
BluSapphire operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Splunk, Sumo Logic, Exabeam, LogRhythm and LogPoint, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud based platform offering IT operational data and security analytics software
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| domain | founded_year | HQ Location |
Cloud-based log management and security analytics solutions are delivered.
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| domain | founded_year | HQ Location |
SIEM platform for threat detection and response is provided.
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| domain | founded_year | HQ Location |
Cloud-based SIEM and network monitoring solutions are provided.
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| domain | founded_year | HQ Location |
Cloud based log management software provider
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| domain | founded_year | HQ Location |
Cloud-based observability software provider
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Frequently Asked Questions about BluSapphire
BluSapphire was founded in 2014 and raised its 1st funding round 8 years after it was founded.
BluSapphire is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Kiran Vangaveti is the current CEO of BluSapphire. They have also founded this company.
BluSapphire is a funded company, having raised a total of $9.2M across 1 funding round to date. The company's 1st funding round was a Series A of $9.2M, raised on Sep 30, 2022.
As of Mar 28, 2024, the latest employee count at BluSapphire is 74.
Annual revenue of BluSapphire is $319.44K as on Mar 31, 2023.
BluSapphire was founded in 2014 in Hyderabad, India, as a provider in the cybersecurity sector. A unified cyber defense platform is offered, incorporating next-generation SIEM, a secure data lake for data management, and managed detection and response services. Seamless integration with existing IT infrastructure is supported, along with SaaS and on-premise deployment options. The entire incident lifecycle, from prevention to remediation, is addressed to meet organizational needs.
BluSapphire's top competitors include Splunk, Sumo Logic and Exabeam.
BluSapphire offers NextGen AI SIEM, Secure DataLake, and MDR Services.
BluSapphire has 6 investors. Key investors include xto10x, Baring Private Equity Partners, Dallas Venture Capital, RPG Ventures, and Merisis.