PR Newswire3 months ago
Panaseer, a cyber security software company, today announced it has secured $10 million in Series A funding. The financing round was led by Evolution Equity Partners with participation from existing investors including Notion Capital, Albion Capital, Winton Ventures and Paladin Capital Group, as well as new investor Cisco Investments. The Panaseer Platform uses proprietary algorithms to perform 'entity resolution' to create an accurate view of an organisation's assets, such as devices, applications and people. The Platform continuously measures the security of these assets by automatically analysing data from the myriad of security technologies deployed.