HomeFinTechPanaseer: Raises $26.5M in Series B Funding

Panaseer: Raises $26.5M in Series B Funding

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  • 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
  • The company also 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 also include the world’s largest institutions and enterprises
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