Wegilant, a mobile app security company has raised $500,000 in a pre-series A round. The investors include NASSCOM Product Council chairman Ravi Gururaj, Yahoo director Gaurav Sharma, Viswanath Ramachandran-Ex-Gupshup CTO, SINE-IIT Bombay Business Incubator, RippleWave and an unnamed global IT Security company.
Toshendra Sharma, CEO, Wegilant said, “The funds will be used towards technology expansion, research and development and customer acquisition. Previously, we were offering app security solutions in the Android environment only and now as a natural business extension, are expanding to iOS & Windows operating systems as well.”
The flagship product of Wegilant is Appvigil, which is a mobile reputation protection suite for enterprises. The app looks for security vulnerabilities and loopholes in mobile apps. It helps identify whether a mobile app is hackable or not.
Founded in 2011 by Toshendra Sharma while he was a first year masters student in CSE department, IIT Bombay. The company got incubated in Society for Innovation and Entrepreneurship (SINE), IIT Bombay, in August 2014.
The company has also set up an office in Gurgaon (Delhi NCR) apart from Mumbai to accelerate business expansion and employs about 22 people.
Mobile phone users can install ‘Appvigil free app’ to check hackability of the mobile apps in their phones and report to the developer in case any loopholes exist. Appvigil can also be integrated into Software Development Life Cycle.