Quick Heal invests $2 mn in cybersecurity startup L7 Defense

Quick Heal Technologies has invested $2 million in L7 Defense, an Israel-based cybersecurity startup.
Quick Heal security solutionsQuick Heal had invested $300,000 in L7 Defense in the previous financial year.

L7 Defense specializes in Application Program Interface (API) Security and Next Generation Web Application Firewall (NG-WAF).

“L7 Defense has proven its capabilities in the area of API Security and NG-WAF which led us to further increase our investment,” said Kailash Katkar, managing director and CEO of Quick Heal.

Quick Heal’s cyber security solutions include solutions under the names Quick Heal and Seqrite across various operating systems and devices.

Since Quick Heal’s previous investment, L7 Defense has acquired customers in financial, telecom and IT industries across US and Europe.

This is Quick Heal’s third investment in the last 18 months. In addition to L7 Defense, the company had recently invested in Singapore-based Ray Pte Ltd.