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."