Panaseer, a London, UK- and NYC-based Continuous Controls Monitoring platform for enterprise security, secured $26.5m in series B funding.
The round, which brought total funding raised to date to $43m, was led by AllegisCyber Capital with participation from existing investors Evolution Equity Partners, Notion Capital, AlbionVC, Cisco Investments and Paladin Capital Group, as well as new investor, National Grid Partners.
The company intends to use the funds to continue to expand operations, its development efforts and business reach.
Led by Jonathan Gill, CEO, Panaseer provides a Continuous Controls Monitoring (CCM) platform for enterprise security. The CCM platform uniquely correlates data from all security tools to identify and measure missing assets, control gaps, and advise on underperforming controls.
Clients include the world’s largest institutions and enterprises.
FinSMEs
13/05/2021