Investment boost for Quick Heal

Posted by   Virus Bulletin on   Aug 27, 2010

Indian security firm gets hefty cash injection.

Indian computer security firm Quick Heal has received a INR 60 crore (approximately US$12.7 million) cash injection from venture capital firm Sequoia Capital.

Quick Heal, whose range of anti-malware products have been appearing in VB's VB100 reviews with a very decent track record since 2002, was set up by brothers Kailash and Sanjay Katkar in the early 1990s.

The brothers have worked hard over the last 17 years to transform the business from what started out as a two-man-band operating from a small, single-desk office into what is now the fastest growing software company in the computer security space in India - with a compound annual growth rate of almost 100% for the last three years. The company currently has a 30% share of the consumer AV market in India and employs more than 350 people in 18 branch offices.

The investment will help Quick Heal grow its product portfolio and extend its reach overseas.

Posted on 27 August 2010 by Virus Bulletin



Latest posts:

AfricaHackon 2019: a great event and a reminder that security is global

Last week, VB Editor Martijn Grooten travelled to the Kenyan capital Nairobi to speak at the 6th edition of the AfricaHackon event.

Virus Bulletin researcher discovers new Lord exploit kit

Still in-development kit thus far only targets Flash Player vulnerabilities

VB2019 call for last-minute papers opened

The call for last-minute papers for VB2019 is now open. Submit before 1 September to have your abstract considered for one of the nine slots reserved for 'hot' research.

Nominations opened for sixth Péter Szőr Award

Virus Bulletin is seeking nominations for the sixth annual Péter Szőr Award.

Haroon Meer and Adrian Sanabria to deliver VB2019 closing keynote

New additions to the VB2019 conference programme include a closing keynote address from Thinkst duo Haroon Meer and Adrian Sanabria and a talk on attacks against payment systems.

We have placed cookies on your device in order to improve the functionality of this site, as outlined in our cookies policy. However, you may delete and block all cookies from this site and your use of the site will be unaffected. By continuing to browse this site, you are agreeing to Virus Bulletin's use of data as outlined in our privacy policy.