Panaseer

Panaseer is an enterprise cybersecurity automation and data analytics company founded in 2014 with its headquarter in United Kingdom. The company's slogan, "Continuous Controls Monitoring for Enterprise Security", aligns with its focus on addressing control failures, which are a significant issue in cybersecurity. With 79% of organizations admitting to being surprised by security events that evaded existing controls, Panaseer aims to provide a solution through its Continuous Controls Monitoring platform. The platform offers a complete, trusted view of security controls, along with metrics and measures guidance aligned to best practice frameworks, thereby improving collaboration and prioritization. This approach helps organizations maximize their security investments and resources, especially in a landscape where $262 billion was spent on cybersecurity tools in 2021. The aim is to enable organizations to do more with less by deriving the most value out of their existing security investments. The latest milestone for Panaseer was its Series B investment in May 11, 2021, which signifies a significant point in the company's growth and development. The details of the investors involved in the last investment round are not provided, but this injection of capital can be seen as a vote of confidence in Panaseer's capabilities and potential within the industries it operates in, such as Big Data, Cyber Security, Enterprise Software, and Information Technology.