SecureMachines

Bengaluru, India Founded: 2019 • Age: 7 yrs
Quantum-safe devices, security components, and data integrity solutions are developed.
Annual revenue - Latest available
Total funding $535,257 5 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About SecureMachines

SecureMachines is a company based in Bengaluru (India) founded in 2019 by Satyamurthy Konanur and Shreenivas Hegde. SecureMachines has raised $535.26 thousand across 5 funding rounds from investors including PointOne Capital, Navam Capital and Raghupati Gajanan Bhandi. SecureMachines offers products and services including Prastaara, Pingala, Augha, Quantum Safe HSM, and True Random Number Generators. SecureMachines operates in a competitive market with competitors including QNu Labs, QuintessenceLabs, ID Quantique, KETS Quantum Security and QuSecure, among others.

  • Headquarter Bengaluru, India
  • Founders Satyamurthy Konanur, Shreenivas Hegde
  • Stage Minicorn
  • Sectors
    Technology
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  • Legal Name Secure Machines Private Limited
  • Date of Incorporation 10 Sep, 2019
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$8.26 K (USD)
    0
    as on Mar 31, 2022
  • EBITDA
    -$8.98 K (USD)
    0
    as on Mar 31, 2022
  • Total Equity Funding
    $535.26 K (USD)

    in 5 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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Products & Services of SecureMachines

SecureMachines offers a comprehensive portfolio of products and services, including Prastaara, Pingala, Augha, Quantum Safe HSM, and True Random Number Generators.

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Primary

High-speed post-quantum crypto device for secure data operations.

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Quantum-safe tool for protecting network communications from threats.

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Application-specific security for data integrity and quantum threats.

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Hardware module for dedicated cryptographic operations in data security.

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Generates random numbers for enhancing encryption and system security.

Funding Insights of SecureMachines

SecureMachines has successfully raised a total of $535.26K across 5 strategic funding rounds. 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.

Investors in SecureMachines

SecureMachines has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include PointOne Capital, Navam Capital and Raghupati Gajanan Bhandi.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on early-stage investments in technology companies
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Investment in engineering-driven deep-tech and science ventures in India.
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Venture capital fund investing in pre-seed tech startups with support services.
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Investor details for SecureMachines

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  • Investor domains
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Investments & Acquisitions by SecureMachines

Investments
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Investment portfolio details for SecureMachines

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Financial Statements - SecureMachines

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Detailed financials for SecureMachines

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Securemachines Comparisons

SecureMachines Primary company
Description
Quantum-safe devices, security components, and data integrit...
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
Not available
Net Profit
-$8.26 K (USD)
EBITDA
-$8.98 K (USD)
Employees
Not available
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Peer comparison for SecureMachines

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Competitors of SecureMachines

SecureMachines 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 QNu Labs, QuintessenceLabs, ID Quantique, KETS Quantum Security and QuSecure, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based quantum cryptography solutions for secure communication are developed.
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Quantum encryption-based data security solutions are provided.
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Network and data encryption solutions are provided using quantum technology.
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Quantum solutions for secure digital communication are developed and provided.
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Provider of quantum security management solutions
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Quantum-resistant cybersecurity solutions are developed for IoT and semiconductors.
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Detailed competitors of SecureMachines

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Latest news on Securemachines

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Complete news archive for SecureMachines

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  • Source and publication date
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Frequently Asked Questions about SecureMachines

SecureMachines was founded in 2019 and raised its 1st funding round 2 years after it was founded.

SecureMachines is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Satyamurthy Konanur is the current CEO of SecureMachines. They have also founded this company.

SecureMachines is a funded company, having raised a total of $535.26K across 5 funding rounds to date.

SecureMachines was founded in 2019 in Bengaluru, India, focusing on the quantum-safe security sector. Quantum-safe hardware security modules, network encryptors, and true random number generators are built. Secure voting systems and application-specific integrity solutions are provided. Quantum-safe hardware and software intellectual property, including embedded components and secure Javacard elements, is offered. A next-generation high-speed post-quantum cryptography hardware security module is included among the products.

SecureMachines's top competitors include QNu Labs, QuintessenceLabs and ID Quantique.

SecureMachines offers Prastaara, Pingala, Augha, Quantum Safe HSM, and True Random Number Generators.

SecureMachines has 4 investors. Key investors include PointOne Capital, Navam Capital, Raghupati Gajanan Bhandi, and Newfort Holdings.

The valuation of SecureMachines is $8.05M as of May 2024.

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