The firm, founded by Sanjay Nadimpalli, is the second Indian venture to be chosen for the Citrix Startup Accelerator in Silicon Valley after Grexit in 2011.
Citrix, known to pick ventures that can offer strategic value in future, invests in enterprise, cloud and mobile technologies. It has backed 20 companies world-wide in the last two years and so far has invested in three companies this year.
According to research company Gartner, the market for identity and access governance solutions is growing at 30-40 percent annually.
Tuebora was co- founded by Nadimpalli, a computer science engineer from Mysore University, along with technology professionals Ashish Jhunjhunwala and Prasad Bhamidipati two years ago. “It is exciting to build a product company out of India,” said Nadimpalli.
Apart from a seed capital of $250,000 (around Rs 1.3 crore) and office space in the Valley for the next 18 months, the company will now gain access to Citrix products, partner channel and global customer base.
The firm has been running pilots for their technology at various companies and has found various instances of undesired access granted to employees. The company has already filed three patents for its technology.
John McIntyre, managing director, Citrix Startup Accelerator Programme said that, Tuebora radically enhances transparency and management of access to resources whether they are on-premise or on the cloud.