Indusface

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Indusface
Industry Software as a service
Key people
  • Ashish Tandon (Co-founder & CEO)
  • Venkatesh Sundar (Co-founder & CMO)
  • Nandini Tandon (Co-founder & CPO)
Website indusface.com

Indusface is an Indian cloud-based application security company known for securing critical Web applications of thousands of global customers using its award winning platform that integrates Web application scanner, Web application firewall, CDN and threat information engine.[1][2]

History

Indusface was founded in 2004 as a Security Consulting outfit with its headquarters based in Vadodara.[3] In 2005, the company established partnership with Entrust for SSL.[4]

In 2010, Indusface launched Web Application/Malware Scanning known as IndusGuard.[5] In 2012, the company sold IndusGuard Application/Malware Scanner to Trend Micro.[6][7]

In 2013, the company re-branded and pivoted to be a product company and changed its name to "Indusface Pvt Ltd" with focus on SaaS based AppSec products. Between 2014 and 2016, Indusface roped in and extended its management team bringing in a new CTO, Chief Architect and Head of Products and launched Indusface Web Application Firewall. [8] The company also established partnerships with AWS TAS solution and launched the product on AWS marketplace.[9]

In 2017 Indusface launched AppTrana a fully managed Cloud WAF with a free trial option and self service model.[10]

In 2019 Indusface announced a Strategic partnership with Tata Communication to bundle a CDN service along with AppTrana.`[8]

In 2020 Indusface raised Growth Equity Capital and is funded by Tata Capital Growth Fund.[11][12][13]

Notable milestones

2004 - 2012

  • 2004: Founded as a Security Consulting outfit
  • 2005: Partnership with Entrust for SSL
  • 2010: Launches Web Application/Malware Scanning “IndusGuard”
  • 2009-11: Featured as Deloitte Fast 50 in India; Fast 500 in Asia
  • 2012: Sale of IndusGuard Application/Malware Scanner to Trend Micro

2013 – 2014

  • Rebrands to Indusface, with focus on SaaS based AppSec products
  • Founders start building the team and Product

2015 – 2016

  • Launches Indusface Web Application Firewall
  • Partnership with AWS, TAS solution enabled on AWS marketplace

2017 - 2018

  • AppTrana, Indusface SaaS version launched
  • ‘Haiku’ new age Application Scanner launched
  • CDN Partnership with Tata Comm
  • Indusface products listed on GOI emarketplace
  • Indusface wins start up awards from Nasscom-DSCI, Economic Times, iSpirit and AWS
  • Indusface WAF mentioned in Gartner reports

2019 - 2020

  • Indusface crosses 2000+ global customers (625 paying) in 63 countries
  • Indusface raises growth equity capital from Tata Capital Growth Fund II
  • Multi-Million $ ARR, 90% renewal rate, 70%+ YOY product Growth
  • Global MSSP partnerships with Tata Comm, Tech Mahindra
  • Indusface recognized amongst top 25 start-ups in India
  • Indusface WAF mentioned in Gartner & Forrester reports

Products and services

Indusface offers web application security through managed web application scanning and web application firewall available as Software as a service (SaaS), On-Premise and through the AWS Marketplace.[14][15][16][17]

AppTrana

AppTrana is a Fully Managed SaaS Based Web Application Security Solution with Integrated Application Scanner, Web Application firewall and CDN.[18][19]

IndusfaceWeb Application Scanning (WAS)

IndusfaceWAS is a Fully Managed SaaS Based Application Scanning solution that helps in identifying the comprehensive risk posture of the application.[20][21]

Awards and honors

  • 2019-2020 - Recognized amongst Top 25 start-ups in India[25]

The company has been mentioned in the Gartner Magic Quadrant and Forrester Tech Now reports. The company is also CERT-In empanelled as a trusted scanning vendor, and has been the recipient of many other awards such as Nasscom DSCI Top Security Company of the year Award.

See also


References

  1. "Fund Raise: Keeping the customers secure and protected". financialexpress.com. 4 May 2020. https://www.financialexpress.com/industry/fund-raise-keeping-the-customers-secure-and-protected/1946877/. Retrieved 2 June 2020. 
  2. "Fund Raise: Keeping the customers secure and protected". financialexpress.com. 4 May 2020. https://www.indiatvnews.com/business/news-tata-capital-fund-invests-5-million-in-us-saas-startup-indusface-610825. Retrieved 2 June 2020. 
  3. "More About Indusface". cisoplatform.com. http://products.cisoplatform.com/security/vendors/indusface. Retrieved 2 June 2020. 
  4. "(PRN) Entrust Secures Online Indian Music Retailer, Implements EV SSL Certificates". chron.com. 8 August 2005. https://www.chron.com/news/article/PRN-Entrust-Secures-Online-Indian-Music-1813365.php. Retrieved 2 June 2020. 
  5. "Indusface Launches IndusGuard WAF that Guarantees Zero False Positives". cioreviewindia.com. 30 November 2010. https://www.cioreviewindia.com/news/indusface-launches-indusguard-waf-that-guarantees-zero-false-positives-nid-82-cid-9.html. Retrieved 2 June 2020. 
  6. "Trend Micro's tipping point: Acquisiton of HP's network defense products". csoonline.com. 13 January 2016. https://www.csoonline.com/article/3021829/trend-micros-tipping-point-acquisiton-of-hps-network-defense-products.html. Retrieved 2 June 2020. 
  7. Mike Lennon,"Trend Micro Launches New Web App Security Offering". securityweek.com. 12 June 2013. https://www.securityweek.com/trend-micro-launches-new-web-app-security-offering. Retrieved 2 June 2020. 
  8. 8.0 8.1 "Indusface Bundles CDN Along With AppTrana to Provide Website Acceleration + Fully Managed Application Security". prnewswire.com. 31 January 2019. https://www.prnewswire.com/news-releases/indusface-bundles-cdn-along-with-apptrana-to-provide-website-acceleration-fully-managed-application-security-821066971.html. Retrieved 2 June 2020. 
  9. "AppTrana — Website Security Solution That Actually Works". thehackernews.com. 2 July 2019. https://thehackernews.com/2019/07/apptrana-web-application-security.html. Retrieved 2 June 2020. 
  10. M Kalam,"Cybersecurity startup Indusface launches SaaS based hack prevention solution AppTrana". techobserver.in. 4 October 2017. https://techobserver.in/2017/10/04/cybersecurity-startup-indusface-launches-saas-based-hack-prevention-solution-apptrana. Retrieved 2 June 2020. 
  11. Narinder Kapur,"Ambarish Gupta-founded investment firm Basis Vectors floats $50 mn fund". vccircle.com. 29 May 2020. https://www.vccircle.com/ambarish-gupta-founded-investment-firm-basis-vectors-floats-50-mn-fund/. Retrieved 2 June 2020. 
  12. Narinder Kapur,"Ambarish Gupta-founded investment firm Basis Vectors floats $50 mn fund". vccircle.com. 29 May 2020. https://www.vccircle.com/ambarish-gupta-founded-investment-firm-basis-vectors-floats-50-mn-fund/. Retrieved 2 June 2020. 
  13. "Indusface Raises $5M in Equity Funding". finsmes.com. 26 April 2020. http://www.finsmes.com/2020/04/indusface-raises-5m-in-equity-funding.html. Retrieved 2 June 2020. 
  14. "A Comprehensive Guide On How to Protect Your Websites From Hackers". thehackernews.com. 17 October 2019. https://thehackernews.com/2019/10/website-security-guide.html. Retrieved 2 June 2020. 
  15. "Security startup Indusface brings SaaS based anti hack solution AppTrana". indiatimes.com. 5 October 2017. https://ciso.economictimes.indiatimes.com/news/security-startup-indusface-brings-saas-based-anti-hack-solution-apptrana/60956036. Retrieved 2 June 2020. 
  16. "AppTrana Offers Protection to Online Businesses During Coronavirus Outbreak". thehackernews.com. 30 March 2020. https://thehackernews.com/2020/03/apptrana-web-app-security.html. Retrieved 2 June 2020. 
  17. "Why Businesses Should Consider Managed Cloud-Based WAF Protection". thehackernews.com. 28 February 2020. https://thehackernews.com/2020/02/cloud-waf-security.html. Retrieved 2 June 2020. 
  18. "Datasheet". indusface.com. https://www.indusface.com/resources/datasheets/apptrana/. Retrieved 2 June 2020. 
  19. "WhitePaper". indusface.com. https://www.indusface.com/resources/white-papers/apptrana-secaas-security-as-a-service/. Retrieved 2 June 2020. 
  20. "Datasheet". indusface.com. https://www.indusface.com/resources/datasheets/datasheets-web/indusguard-web-premium/. Retrieved 2 June 2020. 
  21. "Whitepaper". indusface.com. https://www.indusface.com/resources/white-papers/512-haiku-scanner/. Retrieved 2 June 2020. 
  22. "Indusface winner in the Deloitte's technology Fast 50 India program". financialexpress.com. 24 November 2009. https://www.financialexpress.com/archive/indusface-winner-in-the-deloittes-technology-fast-50-india-program/545652/. Retrieved 2 June 2020. 
  23. "Cybersecurity Startup Award Best Product Company". indusface.com. 27 January 2016. https://www.indusface.com/blog/cybersecurity-startup-india/. Retrieved 2 June 2020. 
  24. "Cybersecurity Startup Award Best Product Company". indusface.com. 27 January 2016. https://www.indusface.com/blog/cybersecurity-startup-india/. Retrieved 2 June 2020. 
  25. "ET Top 25 Startups 2019". tech.economictimes.indiatimes.com. https://tech.economictimes.indiatimes.com/slide-shows/ettech-top-25-startups-of-2019/73047739. Retrieved 2 June 2020. 

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