Ayraa AI, a Silicon Valley-based technology startup focused on building an intelligent & connected, modern enterprise, announced an oversubscribed $4 Million Series Seed venture capital round. The list of notable angels includes Fengmin Gong (co-founder of enterprise security leaders such as IntruVert Networks, Palo Alto Networks & Cyphort) and Gerhard Eschelbeck (former VP, CTO & CISO at enterprise security leaders such as Qualys, McAfee & Google). The list of institutional investors includes Westwood Ventures, 421 Capital, and Innospring VC.
“I have been an active investor in the cybersecurity space for several years. With Ayraa AI, I was impressed by the successful background of the co-founders, the calibre of the other investors participating, and the vision of simplifying & modernising enterprise compliance, security, facilities, and operations,” said Edward Tsai, Managing Partner at Westwood Ventures.
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Proceeds from the round will be used exclusively for building out a relatively large engineering & design operation in Mumbai & Pune, India. The company plans to stay in stealth mode for the next year as it works on a go-to-market platform.
“Ayraa AI is a design-centric enterprise startup focused on creating beautiful user experiences in modern workplaces. With this raise, we will invest in top talent and carefully build out a ubiquitous, futuristic interface that all Ayraa users will wake up to and be hooked onto daily,” said Co-founder & Chief Design Officer, Nikita Chikate.
“We spend a third of our lives at work. Ayraa’s mission is to bring happiness to that third of our lives. While the founding team brings decades of individual experience in product design & enterprise security, at the heart of Ayraa AI is value innovation that creates a magical journey for our customers that is better experienced than explained,” added co-founder & CEO, Vinay Mahadik.