CipherGraph secures funding from Chamath Palihapitiya [and makes the NextBigWhat team happy]
CipherGraph, cloud based VPN service has secured funding from Chamath Palihapitiya, the founder of The Social+Capital Partnership and earlier was responsible for overseeing Facebook Platform as well as launching Facebook’s online advertising channel.
CipherGraph Networks offers Cloud Security Gateway for security and mobility. CipherGraph Networks’s value proposition lies in the fact that it is completely hardware-free VPN service and offers enterprise class security and role-based access control. The product is available in managed SaaS service model and is supported on all major platforms and devices.
The sweet part about funding is a NextBigWhat post (this) that got CipherGraph it’s first investor, Satya Ganni, 8X entrepreneur from US! Of course its a great idea that stands on its own, but our earlier post covering CipeherGraph did help the investor discover and connect with them and we’re super happy to have played a role in this.
As far as Ciphergraph’s future plans are concerned, the company aims to expand its operations in the US and the big bang push starts after the December holidays.
CipherGraph is also a part of 11 startups that are incubated at Microsoft accelerator. Post this funding, Chamath Palihapitiya has joined the board of CipherGraph.