Apprity is an online security company founded by two former Oracle employees that has raised $8 million in funding. The funding will be used for product development and expanding industry partnerships. The principal investors in this round were Norwest Venture Partners and Wing Ventures. Promod Haque of Norwest and Gaurav Garg of Wing are joining Apprity’s board of directors as part of this round.
Some of the blue chip advisors and individual investors that are a part of Apprity include Sohaib Abbasi (Chairman and Chief Executive Officer) of Informatica Corporation, Amit Jasuja (Senior Vice President of Identity Management and Java at Oracle Corporation), Hasan Rizvi (former Executive Vice President of Fusion Middleware and Java at Oracle Corporation), and David Schneider (Senior Vice President of Sales and Services at ServiceNow).
“As enterprises move critical business processes to the Cloud, they seek stronger protection, deeper insight and higher levels of assurance,” stated Rohit Gupta, founder & CEO of Apprity. “The Apprity team has decades of deep enterprise security experience and thoroughly understands the need for a new paradigm to support the rapid adoption of Cloud and SaaS applications. Although we will remain in stealth through development, today’s announcement speaks volumes of the confidence in what we expect to achieve.”