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Horangi

Cybersecurity · Singapore, Singapore · Founded 2016

Saas cyber security company based in singapore MoreLess

Horangi Cyber Security, established in Singapore in 2016, offers a suite of cybersecurity solutions tailored for organizations operating in the cloud. The company was founded by Paul Hadjy and Lee Sult, former cybersecurity engineers from Palantir Technologies. Hadjy's experience as the Head of IT and Information Security at Grab revealed a gap in the Asian market for regional service providers who understood cloud security challenges, which prompted the creation of Horangi. A significant milestone for the company was its acquisition by global cybersecurity leader Bitdefender, which was agreed to in June 2023 and completed in August 2023.

Horangi operates on a multi-faceted business model, combining a Software-as-a-Service (SaaS) platform with a range of professional consulting services. The company serves a diverse client base, from small and medium-sized enterprises to large tech companies, particularly within the technology, finance, and healthcare sectors in Southeast Asia. Revenue is generated through subscriptions to its software and fees for its expert-led services. Before its acquisition, Horangi had raised a total of $23.1 million over two funding rounds, including a $20 million Series B in March 2020.

The company's flagship product is Warden, a cloud-native platform designed to secure critical cloud infrastructures. Warden functions as a Cloud Security Posture Management (CSPM) and Cloud Infrastructure Entitlement Management (CIEM) tool, continuously monitoring for misconfigurations, vulnerabilities, and compliance violations across major public cloud platforms like AWS, Azure, and Google Cloud. A key differentiator for Warden is its focus on Asian compliance standards, such as MAS TRM and BNM-RMiT, alongside international frameworks like ISO 27001 and PCI-DSS. Beyond its software, Horangi provides CREST-accredited consulting services, which include penetration testing, red teaming, incident response, and virtual CISO (vCISO) services. These services were integrated into Bitdefender's Managed Detection and Response (MDR) offerings post-acquisition.

Keywords: cybersecurity, cloud security, SaaS, Singapore, Bitdefender, Paul Hadjy, Lee Sult, Warden, Cloud Security Posture Management, CSPM, Cloud Infrastructure Entitlement Management, CIEM, managed detection and response, MDR, penetration testing, compliance automation, threat detection, incident response, multi-cloud security, Asia, vulnerability management

Company overview

Horangi company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2016
Headquarters
Singapore, Singapore
Employees
36
Open positions
None listed
Dealroom signal
59.7
client focusb2bsub industryCloud & Infrastructurebusiness modelSaaSindustrySecuritysectorOpen SourcesectorDeliverysectorPlatformsectorCybersecurity

Valuation & funding

Horangi funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Jun 2023 $0 BitDefender
SERIES BEquity / VC Mar 2020 $20M $80M Monk's Hill Ventures · Right Click Capital · Genesis Alternative Ventures · Provident Growth
SERIES AEquity / VC May 2019 $0 Undisclosed
EARLY VCEquity / VC Oct 2018 $0 Undisclosed
CONVERTIBLEEquity / VC Oct 2018 $0 Undisclosed
SERIES AEquity / VC Nov 2017 Monk's Hill Ventures
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Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $6.8M 0% 35
2025 $6.8M 0% 120
2024 $6.8M 0% 120
2023 $6.8M 0% 120
2022 $6.8M 0% 135
2021 $6.8M +42.3% 106
2020 $4.7M 73
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Growth signals

Horangi website traffic

Latest recorded traffic for Horangi is 710 monthly website visits, down 45.4% over the last three months. Horangi's team declined 70% over the past year.

Latest monthly visits710 3-month web change-45.4% 1-year team growth-70%
Monthly website visits90 observations · Mar 2018–Apr 2026
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Comparisons

Horangi compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Horangi's talent

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Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

8 investors on Horangi's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 4 investors entered at this stage
Monk's Hill Ventures
Right Click Capital
Genesis Alternative Ventures
Provident Growth
Other known 4 additional known investors
BitDefender
500 Global
Sanabil Accelerator by 500 Global
Sydney Seed Fund

Global footprint

Where Horangi has talent and traffic

Workforce by country
5 countries with
team presence
🇮🇩 Indonesia40%
🇸🇬 Singapore26.7%
🇵🇭 Philippines13.3%
🇮🇳 India6.7%
🇰🇷 South Korea6.7%
5 countries shown

In the news

Latest news about Horangi

Recent press, funding announcements, and product moves mentioning Horangi — open to read from the original sources.

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Market sentiment

What the market is saying about Horangi

An AI-synthesized read of the highest-engagement posts about Horangi on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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