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Indian VC firm Avataar backs US cybersecurity company

Mint New Delhi

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August 01, 2025

Palo Alto, US-based cybersecurity platform Safe Security has raised $70 million in a Series C round led by business-to-business (B2B) software as a service (SaaS)-focused investor Avataar Venture Partners.

- Rwit Ghosh & Mansi Verma

Palo Alto, US-based cybersecurity platform Safe Security has raised $70 million in a Series C round led by business-to-business (B2B) software as a service (SaaS)-focused investor Avataar Venture Partners. According to Tracxn data, this is one of the largest cybersecurity deals to be led by an Indian venture capital firm.

"With the new funds, we're focused on only one thing: product, product and product," company co-founder and chief executive Saket Modi told Mint in an interview.

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