# Panaseer

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/panaseer

- Industry: Software
- Headquarters: Surrey, UK
- Website: www.panaseer.com
- Total disclosed funding: $34M
- Latest round: Series B (Apr 16, 2021)
- Investors on record: 10

## About

Founded in 2014 and based in London, UK, Panaseer Ltd. operates a big data analytics software platform that identifies, measures and mitigates cyber risk. The company was founded by its Chief Technology Officer Charaka Goonatilake, Vice Presidents of Product Mike MacIntyre, Chairman Nik Whitfield, Chief of Staff Sophie Harrison. In June 2018, Panaseer Limited raised USD 10 million in series A financing led by returning investor Evolution Equity Partners, and in May 2021, Panaseer Ltd. raised USD 26.5 in series B funding led by new investors AllegisCyber Capital, with participation from another new investor National Grid Partners. 

Panaseer provides a continuous controls monitoring platform for enterprise security and to control the business risk from cyber attacks. The platform shows users every asset, application, user, and data set across their IT estate in real-time. This identifies gaps in control coverage, aligns security with framework standards, and substantiates regulatory compliance. Panaseer’s platform helps enterprises in correlating data from all security tools to identify missing assets, control gaps, and underperforming controls. The platform’s business risk perspective capability identifies and isolates risks associated with mission-critical parts of the business, and provides a continuous view of security risk aggregated and unified to any process, department, location, system or another grouping. Using the platform, organizations can also understand their exposure to FireEye or SolarWinds vulnerabilities and to see how they impact business-critical systems or processes, and to quantitatively validate and track remediation through accountable owners over time. 

The company plans to continue expanding its operations, development efforts, and business reach.

## Funding rounds

- Series B, Apr 16, 2021, $22M — AllegisCyber Capital, Paladin Capital Group, Albion Capital, Notion Capital, Cisco Investments, Evolution Equity Partners, National Grid Partners
- Series A, Jun 28, 2018, $9.9M — Paladin Capital Group, Albion Capital, Winton Capital, Notion Capital, Cisco Investments, Evolution Equity Partners
- Seed, Nov 5, 2015, $2.3M — Albion Capital, Winton Capital, Notion Capital, C5 Capital, Elixirr

## Investors

- Albion Capital — Seed, Series A, Series B
- Winton Capital (https://capitalatlas.ai/funds/winton-capital) — Seed, Series A
- Notion Capital (https://capitalatlas.ai/funds/notion-capital) — Seed, Series A, Series B
- C5 Capital (https://capitalatlas.ai/funds/c5-capital) — Seed
- Elixirr — Seed
- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Series A, Series B
- Cisco Investments (https://capitalatlas.ai/funds/cisco-investments) — Series A, Series B
- Evolution Equity Partners (https://capitalatlas.ai/funds/evolution-equity-partners) — Series A, Series B
- AllegisCyber Capital (https://capitalatlas.ai/funds/allegiscyber-capital) — Series B
- National Grid Partners (https://capitalatlas.ai/funds/national-grid-partners) — Series B