Safe Security, the cybersecurity powerhouse formerly known as Lucideus, just landed a staggering $70 million Series C funding round led by Avataar Ventures. This blockbuster raise is set to turbocharge their mission to revolutionize cyber risk management with groundbreaking AI technology!
How Safe Security Plans to Disrupt Cybersecurity with ‘CyberAGI’
Founded in 2012 at IIT Bombay by visionary founders Saket Modi, Viditkumar Baxi, and Rahul Tyagi, Safe Security has quietly transformed into a global leader. Headquartered in Palo Alto with offices in New York, London, Bengaluru, and New Delhi, the startup is pioneering AI-driven tools that help businesses detect, assess, and tackle cyber threats before they strike.
Their cutting-edge platforms cover:
- Cyber Risk Quantification (CRQ)
- Third-Party Risk Management (TPRM)
- Continuous Threat Exposure Management (CTEM)
All powered by their ambitious CyberAGI vision — the future of autonomous, AI-native cybersecurity.
Why Investors Are Betting Big on Safe Security
This $70 million round isn’t just about capital — it’s a strong vote of confidence from heavy hitters like Susquehanna Asia Venture Capital, NextEquity Partners, Eight Roads, and industry legends including ex-Cisco CEO John Chambers.
With these funds, Safe Security will ramp up:
- Engineering innovation
- Research & development for next-gen AI models
- Global go-to-market expansion
What Makes Safe Security Different?
Unlike traditional cybersecurity firms, Safe Security harnesses the power of AI to automate risk detection and provide real-time continuous threat monitoring — helping organizations stay ahead of sophisticated cyberattacks.
Their fully autonomous solutions mark a bold leap from reactive defense to proactive risk management, saving companies millions and protecting their most critical assets.
What’s Next for Safe Security?
With the fresh funding, Safe Security is poised to accelerate its global footprint and deepen the AI muscle behind its CyberAGI platform. The startup is shaping up to be a cybersecurity titan — redefining how businesses defend themselves in an increasingly complex digital world.
