Business Description:Seclore is an information security and compliance company. Seclore's products enables document usage to be controlled before and after they are distributed.
This means that documents shared with internal and external parties during a process (negotiation, due diligence, M&A discussions ) can be "remote controlled". Hence, depending on the usage rights given to the receiving party, they are able/not-able to distribute, edit, print, copy-paste, screen-grab information from the document.
It is also possible to, at the end of the process, remotely destruct the documents. This security is independent of the location of the document. The kind of rights that can be dynamically controlled are:
1. WHO can use the document ( specific users or groups within or outside of the organization )
2. WHAT can the user do ( view, edit, print, distribute, ... )
3. WHEN can the usage be done ( specific dates, times, time-spans)
4. WHERE can the usage be done (specific networks, IP addresses, offices)
Industry:IT/ Internet/ Software
Founded in:2004
Source of idea:Systematic search for business opportunity
Significant Competitors:Secure outsourcing - Fortressware, Zafesoft, Verdasys
Information Rights Management - Liquid Machines, Adobe, Oracle, Microsoft, EMC
Company Details :
Company Name:Seclore Technologies
HeadQuarters:Mumbai
Stage of the company:Scaling up
No of Employees (2006):0-5
No of Employees (2007):6-15
Office Locations(2006):0-1
Office Locations(2007):2-5
No of companies promoted:Yes (1)
Profits (2006):preprofit
Profits (2007):16-50 lacs
>Partnerships:We currently have partnerships with Sify, Datamatics and AlliedDigital
Initial Funding:Family & friends
Addl Funding:Family & friends
Institutitional Capital:No
Revneue Model:Seclore has 2 products- InfoSource and FileSecure
* InfoSource secure outsourcing product - License + services ( services can be rendered by channel partners ). Customers for this product are big organizations/enterprises who do data/process outsourcing
* FileSecure information rights management product - License + services ( services can be rendered by channel partners ). Customers for this product are organizations/enterprises who generate IP and/or circulate confidential information inside and outside their organization.
* FileSecure service - Usage based licensing. Customers for this product will be SMEs (Eg- small Law firms, tax consultants, IBanks) and individuals (Eg - artists) who generate IP and/or handle confidential data on behalf of others.
Awards & honors:
Promoters Details :
Promoters Name(s):Vishal Gupta
Age:31
HomeTown:Kota, Rajasthan
Education:Bachelors
No of companies promoted:Yes (1)
Family Background:First gen entrepreneur
Job:Founder at Herald Logic Pvt Ltd.
Ex-Job Description:Head marketing and Global Head for Sales
Favorite Book/Movie:Shantaram, Surely you're joking Mr. Feynman
