Panaseer, a London, UK-based cybersecurity data analytics company, raised $3.25m in funding.
Backers included existing investors Albion Ventures, Notion Capital, and Winton Ventures and new investors Paladin Capital Group and Evolution Equity Partners.
The company, which has raised $5.6m in total funding to date, intends to use the capital to expand into US and European markets.
Established in 2014 by Nik Whitfield, CEO, Panaseer provides a big data analytics software platform designed to automate identification, measurement, communication, and mitigation of cyber risk.
The Panaseer Security Data Lake gives data-driven CISOs continuous visibility and automated reporting capability to optimize cyber hygiene across their environments and rapidly answer cyber risk questions from executives and regulators.
Earlier this year, the company opened its first international office in New York.
Clients include the world’s largest financial institutions and critical infrastructure enterprises.