Quick Heal, renowned cybersecurity and data protection solutions company has invested Rs 2 crore in Ray, a wireless technology startup. Quick Heal has been making efforts to invest in innovative technologies that will shape the future of cybersecurity and also support startups. They had also recently invested $300,000 in Israel-based L7 defense.
Ray was founded in 2017 with the idea of innovation focused technology company and a vision to reimagine networking and wireless technology. RayOS, the flagship product of Ray is an open, secure, cloud native, extensible operating system. It has an ecosystem of applications that leverage the underlying hardware to create unlimited use cases.
Quick Heal Technologies Managing Director, Kailash Katkar said,
“As a company, we are always on the lookout for innovative companies with disruptive offerings that will help us shape the future of cybersecurity. The team at Ray’s is building futuristic solutions keeping IoT and cloud computing technologies in mind which makes them an ideal partner.”
Ray will utilize this investment to tap into Quick Heal’s expertise in the tech industry to build an integrated solution curated to protect Internet of Things (IoT) devices in companies and consumer segments from second wave of cyber-attacks.
Hemal Patel, Chief Executive Officer, Ray, said,
“We would benefit from their vast experience of building a technology company focused on advanced security technologies and a client-centric innovation culture.”
The company is looking at using this investment accelerate their product innovations and expand their reach in several demographics.