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Evolution Equity Leads $10mn Panaseer Series A

Evolution Equity Partners led a $10mn Series A funding round of Panaseer, a cyber security software company. Existing investors including Notion Capital, Albion Capital, Winton Ventures and Paladin Capital Group, as well as new investor Cisco Investments, also participated. 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. This gives key stakeholders a live view of risk to those assets, described through a common security framework such...