Cybersecurity startup Panaseer raises $26.5M Series B led AllegisCyber Capital
https://techcrunch.com/2021/05/11/cybersecurity-startup-panaseer-raises-26-5m-series-b-led-allegiscyber-capital/
Panaseer, which takes a data science approach to cybersecurity, has raised $26.5 million in a Series B funding led by AllegisCyber Capital. Existing investors, including Evolution Equity Partners, Notion Capital, AlbionVC, Cisco Investments and Paladin Capital Group, as well as new investor, National Grid Partners also participated. Panaseer has now raised $43m to date.
Panaseer’s special sauce and sales pitch amount to what it calls ‘Continuous Controls Monitoring’ (CCM). In plainer English that means correlating a great deal of data from all available security tools to check assets, control gaps, you name it.