CARY – StegoSOC Cloud Security Inc., a startup using artificial intelligence to streamline cloud security operations, has sold $642,000 of a $2 million offering, according to a filing with the US Securities and Exchange Commission.
The offering is of Convertible Promissory Notes convertible to stock. Four investors contributed.
“We make cloud security easy with a simple SaaS models, CEO Balaji Kannaiyan said prior to presenting at the CED Tech Conference in 2017.
The 20-employee company says its product offers “cyber situational awareness, information sharing, and alerts.” Its compliance and incident responses are automated. It uses deep learning A.I. to learn from internal and external security incidents.
For more on the company see:
Startup profile: Cloudadic, aiming to improve cloud security
