Cybersecurity startup Traceable AI on Tuesday said it has raised $60 million (Rs 456 crore) as a part of its Series B funding led by Institutional Venture Partners (IVP), with participation from Tiger Global Management and existing investors Unusual Ventures and BIG Labs.
Traceable AI was established in 2020 by AppDynamics and Harness Founder Jyoti Bansal and former AppDynamics VP of Engineering Sanjay Nagaraj through a Series A round of $20 million.
In April, Securden Inc, an information technology (IT) security startup, raised $10.5 million (around Rs 80 crore) as part of its Series A funding led by Tiger Global.
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