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NEWS & INSIGHTS

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AllegisCyber Leads Series B Financing for Panaseer to Build Continous Controls Monitoring for Cyber Security

AllegisCyber is pleased to lead London-based Panaseer's Series B financing to advance the company's leadership position in Continous Controls Monitoring (CCM).  CCM integrates all of the tools in the security toolbox to provide all levels of enterprise management, from the CISO, the Chief Risk Officer to the Board of Directors, with a holistic view of cyber situational awareness, benchmarking and a road map for improved security.  With CCM, cyber operators can measure and manage their cyber security posture and improve both their cyber effectiveness and ROI.

Bob Ackerman, founder and managing director of AllegisCyber Capital, and co-founder of DataTribe said: “The emergence of Continuous Controls Monitoring as a new cybersecurity category demonstrates a ‘coming of age’ for cybersecurity. Cyber is the existential threat to the global digital economy. All levels of the enterprise, from the CISO, to Chief Risk Officer, to the Board of Directors are demanding comprehensive visibility, transparency and hard metrics to assess cyber situational awareness.”

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panaseer, allegiscyber, continouscontrolsmonitoring, panaseerseriesb, ccm, portfolio news