8 years ago

Cybersecurity Startup Panaseer Secures $3.25 Million in Funding

  • Panaseer, a cybersecurity data analytics company based in London, UK, has raised $3.25 million in funding

  • The investment was led by existing investors Albion Ventures, Notion Capital, and Winton Ventures, with new investors Paladin Capital Group and Evolution Equity Partners also participating

  • Panaseer provides a big data analytics software platform designed to automate identification, measurement, communication, and mitigation of cyber risk

  • The company plans to use the new funding to expand into US and European markets.

    • ProblemTechnology

      "Panaseer is addressing the need for cybersecurity data analytics to automate the identification, measurement, communication, and mitigation of cyber risk."

      Solution

      "The company provides a big data analytics software platform called the Panaseer Security Data Lake, which gives data-driven CISOs continuous visibility and automated reporting capability to optimize cyber hygiene across their environments."

      Covered on