In Series B funding round, headed by Sistema JSFC’s Sistema Asia Fund,has floated $12Million to the startup calledSeclore. The startup offers products and solutions associated with Information Rights Management.

Seclore has recently raised $12 Million in Series B funding round. The funding round was headed by Sistema JSFC’s Sistema Asia Fund. Sistema JSFC is a Russian firm headed by Vladimir Yevtushenko andhas setup around $50 Million funds for startups in Asia through Sistema Asia Fund. Seclorehas overall raised $18 Million in 3 rounds of funding. Investors who have also participated in Series B funding are Venture East, India Alternatives&Helion Venture Partners.

Seclore delivers a wide range of products and solutions under Right Management. It aims to deliver a powerful platform for Information Rights Management to protect files whenever it is shared with others. The Data Centric system architecture allows files to be sharedeasily, but without losing its security.  Enterprises do require a platform to keep the data secured to avoid any breach. Seclore architecture is designed to add maximum security and no limitation of platform for file accessibly.

For business who does not want to setup an entire infrastructure for data security can choseSeclore Cloud. This reduces the impact on IT model, giving accessibility to files via cloud model.  Seclore operates in more than 20 countries around the globe, offering solutions to 400 companies.

Takeaways:

• Seclore delivers a wide range of products and solutions under Right Management.
• Seclore has recently raised $12 Million in Series B funding round headed by Sistema Asia Fund.
• Sistema Asia Fund has setup around $50 Million funds for startups in Asia.