Bengaluru: Wegilant Net Solutions Pvt. Ltd, a mobile security start-up which helps developers find security flaws in their Android applications, has raised $500,000 in pre-series A funding.

Existing investors Ravi Gururaj, Nasscom product council chairman Gaurav Sharma, Yahoo! Inc. director Viswanath Ramachandran, Society for Innovation and Entrepreneurship at IIT Bombay Business Incubator, investment bank RippleWave, and an unnamed global IT security company participated in the funding round.

The Gurgaon-based company said it plans to use the funds to expand its client base and for research and development. It also aims to extend its offering to the iOS and Windows Phone operating systems. The company raised $160,000 last December.

Wegilant’s main product is Appvigil, which helps enterprises identify and fix security loopholes in their applications, by scanning them for the most critical bugs.

The cloud-based platform can be integrated into any part of the app development process without exposing the underlying source code.

The company’s USP, chief executive officer Toshendra Sharma said, is its quick turnaround time of reporting critical bugs—an hour—compared to the two or three days its competitors take. “Right now, we are covering more than 80 vulnerabilities which are the most critical and cover 70-75% of the problems in the mobile applications. We are following the Open Web Application Security Project standards."

Appvigil is also available as an Android app for consumers to analyse the security status of the apps on their phones. An updated version of the app, with new features that alert users when their data is being sent to tracking servers, or their passwords are being sent across a network without being secured, will be rolled out within a month, said Sharma.

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