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Quick Heal Technologies raises 
60 Crore from Sequoia Capital
By siliconindia
Mumbai: Computer security software products provider Quick Heal Technologies has raised 
60 crore from the Sequoia Capital. The funding will help the company to strengthen its product portfolio, expansion plans and funding for future acquisitions. With this investment Sumir Chadha, Managing Director, Sequoia Capital India will join the board of the company.
The Pune based, Quick Heal claims that they have registered revenues of over 100 crore in last fiscal from its indigenously developed product portfolio. Founded in 1993, the company has has a suite of award-winning computer security products that are installed in corporate, small businesses and consumer's homes protecting their computers from viruses and other security threats. The Quick Heal Total Security product, addresses a wide range of distinct security needs that protect the PC from online and offline threats, in addition to providing privacy protection and PC optimization. The company also added a unique feature to Quick Heal Total Security called the PC2Mobile Scan, which enables users to scan, detect and delete malware, spyware and viruses from mobile phones.
Serving customers across the globe, Quick Heal Technologies employs over 350 people in 18 branch offices and is headquartered at Pune, India. IT also operates through a network of dealers and channel partners in more than 50 countries worldwide.
While commenting on the funding, Sumir Chadha, Managing Director, Sequoia Capital India said, "Quick Heal is today the first choice computer security product for consumers and business owners. We are confident that the company will continue to strengthen its dominant position in India and replicate this success in overseas markets."
Kailash Katkar, Managing Director and CEO, Quick Heal Technologies said, "While we continue to build on the strong platform in the domestic market, we will also look to expand our global network through organic and inorganic growth."
60 crore from the Sequoia Capital. The funding will help the company to strengthen its product portfolio, expansion plans and funding for future acquisitions. With this investment Sumir Chadha, Managing Director, Sequoia Capital India will join the board of the company.
The Pune based, Quick Heal claims that they have registered revenues of over 100 crore in last fiscal from its indigenously developed product portfolio. Founded in 1993, the company has has a suite of award-winning computer security products that are installed in corporate, small businesses and consumer's homes protecting their computers from viruses and other security threats. The Quick Heal Total Security product, addresses a wide range of distinct security needs that protect the PC from online and offline threats, in addition to providing privacy protection and PC optimization. The company also added a unique feature to Quick Heal Total Security called the PC2Mobile Scan, which enables users to scan, detect and delete malware, spyware and viruses from mobile phones.
Serving customers across the globe, Quick Heal Technologies employs over 350 people in 18 branch offices and is headquartered at Pune, India. IT also operates through a network of dealers and channel partners in more than 50 countries worldwide.
While commenting on the funding, Sumir Chadha, Managing Director, Sequoia Capital India said, "Quick Heal is today the first choice computer security product for consumers and business owners. We are confident that the company will continue to strengthen its dominant position in India and replicate this success in overseas markets."
Kailash Katkar, Managing Director and CEO, Quick Heal Technologies said, "While we continue to build on the strong platform in the domestic market, we will also look to expand our global network through organic and inorganic growth."
