4 years ago

Panaseer Secures $26.5 Million to Transform Cybersecurity for Businesses

  • Panaseer, a London and New York-based cybersecurity platform, has raised $26.5 million in Series B funding led by AllegisCyber Capital

  • The funding will be used to accelerate product feature development and enhance customer success and service delivery

  • Panaseer's CCM technology helps businesses strengthen their cybersecurity posture by continuously monitoring and validating security controls, identifying gaps, and providing notifications of failures

  • The company's solution is already used by some of the world's biggest financial services firms.

      • ProblemTechnology

      "Businesses are struggling to keep up with the increasing number of cyberattacks, and many lack the visibility and control needed to effectively manage their security posture."

      Solution

      "Panaseer's Continuous Controls Monitoring (CCM) platform provides a comprehensive view of an organization's security controls, identifying gaps and vulnerabilities and enabling businesses to proactively address them before they become security incidents."

      Covered on