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Nexus Venture Partners invests in Uniken

The financial details was not disclosed, but this is the first institutional investment for Uniken

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Shivani Shinde Nadhe Pune
Last Updated : Jan 23 2014 | 1:30 PM IST
Venture capital firm Nexus Venture Partners, today announced investment in Uniken, provider of ‘Secure Digital Enterprises’. The financial details was not disclosed, but this is the first institutional investment for Uniken.

Founded in 2003 by a team of senior executives from Tata Research Center, Infosys, IMR Global Services, Uniken is headquartered in Odessa, Florida with its Innovation Center based in Pune, India

“Uniken is disrupting the digital security space with its REL-ID platform that provides military grade security with rich digital experience. We are very impressed with the Uniken team’s passion and speed of execution and excited about this partnership,” said Sandeep Singhal, Co-founder, Managing Director, Nexus Venture Partners who will be joining Uniken’s board.

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Uniken solutions are being used by leading banks and financial institutions and currently have over a million users on its flagship REL-ID platform. REL-ID, a next generation secure digital platform developed at the Uniken Innovation Center, is a holistic plug and play solution which secures the trusted relationships of an enterprise and enables the delivery of a rich, ubiquitous and secure digital experience to its customers, partners and employees across various platforms and devices.

“The advent of technologically advanced ways to deliver online services to customers, collaborate digitally with partners and provide a digital workspace to employees – has given birth to new set of threats which are capable of thwarting traditional security controls thereby breaking trust between the organisation and its customers, partners and employees” said Gopi Gopalan, Chairman of Uniken Board.

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First Published: Jan 23 2014 | 1:29 PM IST

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