WhizHack is a cyber security startup that secured $3 million From SAAA Capital in its pre-series A  funding round. The funding round was held at a valuation of $100 million., Sandpiper Ventures, and  family offices. The company plans to use these fresh proceeds to expand its services, develop its  market presence, and enhance its technologies. A portion of this investment will be used to charge its  research and development by collaborating with universities in India and the US. 

The startup uses artificial intelligence-based technologies to offer security solutions and develop  security product LPs while providing online security training to students and enterprises. The startup addresses cybersecurity concerns by identifying threats, and issues, and offering solutions. The  company was founded by Kallol Silm Kaushik Ray and Sanjay Sengupta. WhizHack manages three  branches including ZeroHack, TRACE, and Cyber Range. The application allows organizationsto develop 

a scalable production of cyber security systems to manage cyber-attacks. The startup plans to raise a  series A funding round next year. The startup secured $3 million in its pre-series A funding round at a  valuation of $40 million in 2023. The company wants to improve its cyber security operations and  enable more accurate responses to cyber-attacks. 

The cyber security startup claims to have a 200 percent annual increase in its business growth from  enterprises and government clients. The firm also reported a 50X increase in its shareholder value in  the past three years. The founder of WhizHack, Kallol Sil mentioned that this investment will help the  company to expand its services in the European and North American market. The managing director of SAAA Capital highlighted that the startup showed exceptional growth in its in-house development  of cyber security services that compete with global players. WhizHack provides an AI-based platform  that offers cyber-attack predictive analytics solutions. 

The company intends to increase its performing capability and it is already working on the US market  expansion. The startup wants to offer innovative cybersecurity solutions and reach more people  globally. The startup faces competition from other cybersecurity companies such as GardaWorld, and  Coalfire. This development came just when these cybersecurity startups started gaining increased  investor interest. The company has partners including tech giant Microsoft, the Data Security Council  of India, the National Power Training Institute, and several IITs.  

Conclusion: 

WhizHack is a cyber security startup that secured 3 million USD in its pre-series A funding round from SAAA Capital at a valuation of $100 million. The company offers an artificial intelligence-powered  platform that offers cybersecurity solutions and online training to tackle cyber risks. The startup  develops security product LPs and collaborates with institutions and businesses to provide online  security training to students and workers. The startup intends to use this fresh capital to enhance its  AI Capability and expand in the European and North American markets. The firm aims to create secure  and strong artificial intelligence-based cybersecurity solutions to work against cyber crimes.