Quick Heal Technologies On Thursday said it has invested $2 million in L7 Defense, an Israeli based Cyber Security Startup.
Quick Heal had invested $300000 in L7 Defense in the previous financial year.
L7 Defense has proven its unique capabilities in the area of API Security and NG-WAF which led us to further increase our investment. Simultaneously, this move enables “seq-rite” to foray into application security and strengthen our solution stack to secure modern enterprises against the next generation of cyber attacks.
Since, Quick Heal’s previous investment, L7 Defense has acquired customers in financial field, telecom and IT sector’s across US and Europe.
This is company’s third investment in last 18 months. In addition to L7 Defense, the company had recently invested in Singapore based Ray Pte Ltd. This investment is strategic and will enable us to further extend our technological leadership and gain further market.